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Assume your gross pay per pay period is $4,800 and you are in the 33 percent tax bracket. Calculate your net pay and spendable income if you save $480 per pay period in an employer-sponsored tax-sheltered annuity. (Do not round intermediate calculations. Round your answers to the nearest whole dollar.) (I saw the same question on your web, but it's wrong answer, so please give a correct solution)

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92408473

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