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please show work 5. Pete works for a company that provides him health insurance on non-contributory basis. His employer spends $5,000 on this health insurance.

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please show work

5. Pete works for a company that provides him health insurance on non-contributory basis. His employer spends $5,000 on this health insurance. What is the pre-tax salary equivalent of this tax free benefit if his tax rate is 30%? (3 points)

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