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Assume your gross pay per period is $6700 and you were in the 33% tax bracket. Calculate your net pay and spendable income if you
Assume your gross pay per period is $6700 and you were in the 33% tax bracket. Calculate your net pay and spendable income if you save $670 per pay period after spending income tax on $6700. (Do not round intermediate calculations.)
Net pay: 4,489
Spendable Income: 1,809
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