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OpenStudy (anonymous):
Sandy’s gross annual income is $51,350. She is paid biweekly and has 5% deducted from her paycheck for her 403(b). Her employer matches her deduction, up to 4%. How much is deposited into Sandy’s 403(b) each payday?
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OpenStudy (anonymous):
biweekly gross is annual/26 weeks take 9% of this for her contribution and her employer's deposit = (annual/26)(.05 + .04)
OpenStudy (anonymous):
177.75 ?
OpenStudy (anonymous):
Right!
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