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Assume your gross pay per pay period is $5,200 and you are in the 33 percent tax bracket. Calculate your net pay and spendable income

Assume your gross pay per pay period is $5,200 and you are in the 33 percent tax bracket. Calculate your net pay and spendable income if you save $520 per pay period after paying income tax on $5,200. (Do not round intermediate calculations.)

Net Pay & Spendable Income
Net pay =
Spendable income

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