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Mathematics, 06.05.2020 00:22 Nekomancer5291

Bob is statistician, making $84,500 annually and will be paid once a month. Each month he will have the following deductions make from his paycheck:
• Social Security at a rate of 6.5%
• Medicare at a rate of 1.7%
• State taxes at a rate of 4%
• Federal Taxes at a rate of 12%
• Insurance premiums for the amount of $310

How much is Bob’s gross monthly salary?

How much is Bob’s net monthly salary?

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