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Washburn is seeking a Sales and Marketing Coordinator with a bachelor's degree or equivalent experience, knowledgeable in Microsoft Office. This position pays $25,000 to $35,000, depending on experience. Assume a person is paid weekly and earns $32,500. Using the percentage method, what would be the taxes withheld for a married person who claims 3 exemptions?
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what is the percentage of tax for each exemption?
it dont say
how you're gonna calculate it then? i mean without percentage how could apply formula?
idk
It gives me net pay is 17,149 with the following: 3 deductions, 5% with holding, and 6% state tax.
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