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Ted has started an 401k.His current income tax bracket is 28%.He is saving $215 a month by putting it into his 401k. Find how much

Ted has started an 401k.His current income tax bracket is 28%.He is saving $215 a month by putting it into his 401k.

Find how much income tax will Ted delay in paying every month by putting his money into an 401k.

How much will Ted's take home pay decrease each month?

Round your answer to the nearest cent.

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