Sean's gross pay for this month is $9,150. His gross year-to-date pay, prior to this...
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Accounting
Sean's gross pay for this month is $9,150. His gross year-to-date pay, prior to this month, totaled $112,500. Sean's rate for federal income tax is 20%. His voluntary deductions total $1,450. What is Sean's net pay? (Assume an OASDI rate of 6.2%, applicable on the first $117,000 earnings, and a Medicare rate of 1.45%, applicable on all earnings. Round any intermediate calculations to two decimal places, and your final answer to the nearest cent.)
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