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Assume your gross pay per pay period is $2,800 and you are in the 26 percent tax bracket (ignore provincial taxes). Calculate pay and spendable
Assume your gross pay per pay period is $2,800 and you are in the 26 percent tax bracket (ignore provincial taxes). Calculate pay and spendable income in the following situations: a. You save $200 per pay period in a TFSA after paying income tax on $2,800. (Omit the "\$" sign in your response.) Spendable Income \$ b. You save $200 per pay period in an RPP. (Omit the "\$" sign in your response.) Spendable Income $
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