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3 votes
Whitney contributes 13% of her $70,600 annual salary to her 401(k) plan.

What is her pretax income?
O A. $71,41.92
O B. $61,422
O C. $49,016
O D. $59,808

2 Answers

0 votes

Answer:

The correct answer is B. $61,422

Step-by-step explanation:

User Cesar Daniel
by
7.9k points
4 votes

Answer:

option (B) $61,422

Step-by-step explanation:

Given the annual salary is $70,600

Percent of Contribution made from the income = 13%

Pretax Salary/Income is calculated by the formula, Salary – 13% of salary

Pretax income =


70600 - (13)/(100) * 70600

= 70600 – 9178 = 61422

Therefore whitney’s pretax income is $ 61422

Hence, option (B) is correct

User Moho
by
8.0k points
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