Explanation:
To calculate your monthly take-home pay, you can use the following formula:
```
Monthly take-home pay = (Regular hourly rate x 40 hours x 5 days) + (Regular hourly rate x 8 hours x 2 Saturdays x 4 weeks) x 2 - Deductions
```
Where:
- Regular hourly rate = $15.20
- Deductions = 29% of gross pay
First, let's calculate the gross pay for one month:
```
Gross pay = (Regular hourly rate x 40 hours x 5 days) + (Regular hourly rate x 8 hours x 2 Saturdays x 4 weeks) x 2
= ($15.20 x 40 x 5) + ($15.20 x 8 x 2 x 4) x 2
= $3,424
```
Next, let's calculate the deductions:
```
Deductions = Gross pay x 29%
= $3,424 x 0.29
= $992.96
```
Finally, let's calculate the monthly take-home pay:
```
Monthly take-home pay = Gross pay - Deductions
= $3,424 - $992.96
= $2,431.04
```
Therefore, your monthly take-home pay is **$2,431.04**.