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Your company has a plan that matches your retirement contributions up to 2% of your salary. Your annual salary is $22,000. You are paid bi-weekly (26 times per year). How much should you contribute to the retirement account each pay period to take full advantage of the company match

User Woof
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1 Answer

4 votes

Answer:

The contribution is $
16.92\\ per biweekly payment

Explanation:

Salary received in each of the
26 \\ pay is


(2)/(100) * (22000)/(26) \\= 16.92\\

User Landak
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