Last year, a janitorial supervisor had a gross income of $34,100, of which he contributed 8% to his 401(k) plan. If he got paid bimonthly, how much was deducted from each paycheck for his 401(k) plan?

A.389.71
B.227.31
C.52.46
D.113.67

there was a gross income of 34,100....8% goes to 401K plan..
8% of 34,100 = 0.08(34,100) = 2728

he gets paid bimonthly...so he gets paid twice a month...and being that there is 12 months in a year, he gets paid (12 * 2) = 24 times

2728/24 = 113.666 rounds to 113.67 each paycheck <==

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LoganBS10 LoganBS10 · Answer 2 · 2020-10-05T20:17:21+02:00

LoganBS10 LoganBS10

05-10-2020

Answer:

113.67

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Last year, a janitorial supervisor had a gross income of $34,100, of which he contributed 8% to his 401(k) plan. If he got paid bimonthly, how much was deducted from each paycheck for his 401(k) plan?A.389.71B.227.31C.52.46D.113.67

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Last year, a janitorial supervisor had a gross income of $34,100, of which he contributed 8% to his 401(k) plan. If he got paid bimonthly, how much was deducted from each paycheck for his 401(k) plan?

A.389.71
B.227.31
C.52.46
D.113.67