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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 wa…

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 wa…
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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

User Natallia
by
8.8k points

2 Answers

3 votes

Answer:

170.28

Explanation:

Got it right on the test.

User Jspooner
by
8.4k points
2 votes

170.28 is the answer

User Matthew Cox
by
7.8k points
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