Question

Bo's gross annual income is $45,408. He is paid semimonthly and has 6% deducted from his paychecks for his 403(b). His employer matches his deduction, up to 3%. How much was deposited into Bo's 403(b) each payday?

113.52


157.18


170.28


227.04

Answer 1

170.28

Explanation:

Got it right on the test.

Answer 2

170.28 is the answer