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Payroll Quiz Payroll

Employee C wants to contribute $8,000 a year to his tax shelter annuity. The district allows payroll deductions for tax shelter annuities to be spread over 18 pay periods. How much will have to be deducted each pay period so that Employee C contributes the $8,000?

$535.43
$644.34
$444.44
$464.66

Answer:
$444.44

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