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Mathematics 19 Online
OpenStudy (anonymous):

Juan earns $26,400 a year, and is paid twice a month. If he puts money into his company's medical savings program, the money he invests will be taken out of his gross pay, and will not be taxed. If Juan decides to put $40 per pay into his company's medical savings program, and his tax rate is 26% what will his new take-home pay be?

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