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Calculate the change in monthly take-home pay when you make monthly contributions of $250 to a tax-deferred savings plan. Assume you are single and have

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Calculate the change in monthly take-home pay when you make monthly contributions of $250 to a tax-deferred savings plan. Assume you are single and have a taxable income of $34,000. The monthly take-home pay goes down by $ (Round to the nearest dollar as needed.)

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