Jamie recently started working as manager at a company. He will be paid an annual salary of $42,600 and will be paid monthly. The company requires the following deductions: • Social Security (6.2%) • Medicare (1.4%) • State Income Tax (3%) • Federal Income Tax (13%) • Medical and Dental Insurance ($260 per month) • Retirement ($280 per month) How much should his monthly net paycheck be? a $2587.55 b. $2172.20 $2667 20 $2712.40 d

b

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