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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

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. (Do not round intermediate calculations.)

Net pay $
Spendable income $

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