Johnny's annual salary is $88,400. He pays 23% in taxes. After taxes, he pays 5% into retirement.

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Johnny's annual salary is $88,400. He pays 23% in taxes. After taxes, he pays 5% into retirement. How much does Johnny pay into retirement? What is Johnny's annual salary after taxes and retirement?

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Personal Finance Turning Money into Wealth

ISBN: 978-0134730363

8th edition

Authors: Arthur J. Keown

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Posted Date: Dec 24, 2023 03:08 AM

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Johnny's annual salary is $88,400. He pays 23% in taxes. After taxes, he pays 5% into retirement.

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First calculate how much Johnny pays in taxes 88400 23 20312 Then calculate how m... View the full answer

Personal Finance Turning Money into Wealth

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