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Ted has started an 401k. His current income tax bracket is 33%. He is saving $158 a month by putting it into his 401k. How

Ted has started an 401k. His current income tax bracket is 33%. He is saving $158 a month by putting it into his 401k. How much income tax will Ted delay in paying every month by putting his money into an 401k? Round your answer to the nearest cent

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