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CPCA Exam
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In the year 2020, Mary earned a monthly salary of $48,200, with 14% of that amount being deducted for income taxes. Her monthly pay in 2025 was $51,800, with 16% of that amount being deducted for income taxes. What was her typical take-home income from 2020 to 21?
$$42,482
$$44,462
$$46,486
$$48,482
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Correct Answer:
$$42,482
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