Benjamin started a new job and wants to verify that his net pay has been computed correctly.His salary is $67,679.04 per year.Ben is paid semiannually and has the following deductions: Social Security tax 6.2%,Medicare tax 1.45%,federal withholding 8.4%,state withholding 2.2%,city withholding 1.5%,retirement contributions $474.15,and medical and dental insurance $72.07.What should his net pay be for this pay period?
Correct Answer:
Verified
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