Answered: How much deducted each month from her…

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How much deducted each month from her paycheck for medical insuraance?

Income Tax Fundamentals 2020

38th Edition

ISBN:9780357391129

Author:WHITTENBURG

Publisher:WHITTENBURG

Chapter2: Gross Income And Exclusions

Section: Chapter Questions

Problem 6P

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Question

ruth lockwood earns $2,917 a month as a supervisor for Acme steel. Her group medical coverage costs $3,120 per year. The company pays 75 percent of the cost of group insurance. How much deducted each month from her paycheck for medical insuraance?

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