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Erving Spencer makes a salary of $24,000 per year and he is paid biweekly. If his employer puts 6.5% into his pension, how much goes into the pension every paycheck?

Erving Spencer makes a salary of $24,000 per year and he is paid biweekly. If his employer puts 6.5% into his pension, how much goes into the pension every paycheck?
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Erving Spencer makes a salary of $24,000 per year and he is paid biweekly. If his employer puts 6.5% into his pension, how much goes into the pension every paycheck?

User Gayle
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2 Answers

3 votes

The answer is 60 dollars


User Mehmet Guloglu
by
8.4k points
3 votes
pension = 923.08 × 6.5/100 = $ 60 in pay check 
User Alberta
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8.1k points
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