Question: 3 Create a formula in cell H 5 to calculate the taxable pay. Multiply the number of dependents ( column B ) by the deduction

3 Create a formula in cell H5 to calculate the taxable pay. Multiply the number of dependents (column B) by the deduction per dependent (B24) and subtract that from the gross pay. With two dependents, Alexs taxable pay is $317.40.

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