Question

Beatrice contributes 18% of her $59,800 annual salary to her 401(k) plan. What is her pre-tax income?

Answer 1

The pre tax income is
`\$49036`

Explanation:

Given:-

Beatrice annual salary is $59,800

contribution of salary to 401(k) plan 18% of $59,800

Since, 18% of $59,800 means;

`=(18)/(100) * 59800`

`=18 * 598`

`= \$10764`

Pre-tax income is
`\$59800- \$10764= \$49036`