(d) Sandy’s gross annual income is $51,350. She is paid biweekly and has 5% deducted from her paycheck for her 403(b). Her employer matches her deduction, up to 4%. How much is deposited into Sandy’s 403(b) each payday?

Question

26-04-2022
Mathematics

contestada

(d) Sandy’s gross annual income is $51,350. She is paid biweekly and has 5% deducted from her paycheck for her 403(b). Her employer matches her deduction, up to 4%. How much is deposited into Sandy’s 403(b) each payday?

Respuesta :

Otras preguntas

Some kidney stones form by the precipitation of calcium oxalate monohydrate ( CaC₂O₄.H₂O, Ksp=2.3x10⁻⁹ ). The pH of urine varies from 5.5 to 7.0, and the averag

A premature beat that originates in the atria in an area other than the sinus node followed by a normal ventricular response is sometimes referred to as?

Refer to the following information to answer the question. Fossils of L y s t r o s a u r u s , a dicynodont therapsid, are most common in parts of modern-day S

Predict which substance has greater molar entropy. Explain.(c) CH₄(g) or CCl₄(l)

Give the name and symbol or formula of a Group 4A(14) element or compound that fits each description or use:(c) Atmospheric gas implicated in the greenhouse eff

Because zinc has nearly the same atomic radius as copper (= 5 8.95 g/cm³), zinc atoms substitute for some copper atoms in the many types of brass. Calculate the

A hose fills a hot tub at a rate of 4.64 gallons per minute. How many hours will it take to fill a 284-gallon hot tub?

What does the author mean by the line in bold? The way the characters are represented in Waiting for Godot is similar to a style of theatre also seen in the pl

For each of the following, give the sublevel designation, the allowable ml values, and the number of orbitals: (c) n = 6, l = 3

Adam and beth are running a marathon together. the distance (in miles) that adam runs, for every minute t, can be given by a(t)=(1/10)t and the distance (in mil

Parrain Parrain · Answer 1 · 2022-04-28T15:04:50+02:00

Based on the annual income, the payment period, and the amount deducted for the 403(b), the amount deposited into Sandy's 403(b) is $220.

How much is deposited into Sandy's 403(b)?

First find the biweekly income:

= 51,350 / (52 weeks / 2 )

= 51,350 / 21 weeks

= $2,445.24

5% is deducted from her wages and the employer matches 4% of the salary. The amount deposited is:

= (5% + 4%) x 2,445.24

= $220

Find out more on 403(b) at https://brainly.com/question/2908111.