Answer:
$249.24.
Explanation:
We have been given that Jayde's gross annual income is $54,002. She is paid biweekly and has 7% deducted from her paychecks for her 403(b).
Let us find Jayde's biweekly income by dividing her annual income by 26 as paid biweekly means paid 26 times a year.


Let us find amount contributed by Jayde for her 403(b) plan by finding 7% of $2077.


Now let us find 5% of $2077 as Jayde's employer matches 5% of total biweekly pay.



Now let us add amount contributed by Jayde and her employer to find total amount deposited into Jayde's 403(b) plan each payday.


Therefore, an amount of $249.24 is contributed into Jayde's 403(b) each payday.