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Compute the net pay of the employees during November

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Question - Ferris Party Rental has 10 employees who earned a total of $25,000 in November ($2,500 each). The applicable rates for CPP and EI are 4.95% and 1.88% respectively. Income tax withholdings amount to $6,600. Compute the net pay of the 10 employees during November?

a) $16,837.

b) $16,693.

c) $25,000.

d) $23,293.

Reference no: EM132614019

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