Answer:
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Step-by-step explanation:
➤ Net Pay
Gross Pay: The amount of money your employer receives before taxes and deductions
Deductions: An amount of money taken out from the Gross Pay
Formula: Gross Pay - Deductions = Net Pay
Net Pay: The amount of money paid to an employer on each payday. A net pay typically has a certain amount of money that gets paid out, and usually does not fluctuate.
Regards,
Mordancy