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Tom's Gross Pay for This Month Is $8 150

Question 77

Multiple Choice

Tom's gross pay for this month is $8 150. Tom's income tax rate is 24% from the first dollar earned. His voluntary deductions total $900. What is the amount of Tom's net pay?


A) $4 670.52
B) $4 290.65
C) $5 294.00
D) $5 716.00

Correct Answer:

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