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Assume your gross pay per pay period is $4700 and you are in the 33% percent tax bracket. Calculate your net pay and spendable income

Assume your gross pay per pay period is $4700 and you are in the 33% percent tax bracket. Calculate your net pay and spendable income if you save $470 per pay period in a tax-sheltered annuity.

Net Pay

Spendable income

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