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Assume your gross pay per pay period is $ 2 , 3 0 0 , and you are in the 2 8 percent tax bracket.

Assume your gross pay per pay period is $2,300, and you are in the 28 percent tax bracket. Calculate your net pay and spendable income if you save $230 per pay period after paying income tax on $2,300.
1. What is your net pay?
2. What is your spendable income?

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