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Assume your gross pay per pay period is $2,600 and you are in the 26 percent tax bracket (ignore provincial tax). Calculate your net pay

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Assume your gross pay per pay period is $2,600 and you are in the 26 percent tax bracket (ignore provincial tax). Calculate your net pay and spendable income in the following situations: a You save $200 per pay period in a TFSA after paying income tax on $2,600 (Omit the "S" sign in your response.) Spendable income b. You save $200 per pay period in an RPP (Omit the "s" sign in your response) Spendable Income

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