Question
This Personal Finance Activity will help you better understand the taxes and other deductions taken out of a typicalpaycheck. You will also begin to better
This Personal Finance Activity will help you better understand the taxes and other deductions taken out of a typicalpaycheck. You will also begin to better understand how these deductions affect your earnings. After completingthis activity, you will be able to calculate earnings and understand the items shown on a paycheck stub. Note thatyou may use a calculator, if necessary. Directions: Net pay is the amount you are paid minus all the deductions thatare taken out of your paycheck. Look carefully at the paystub. The part beneath the actual check that shows thevarious deductions that are taken out of a typical paycheck. Analyze these deductions and answer the questionsbelow.
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