The weekly salary check for Miss Blue is $478. Her employer contributes 6.5% to a retirement annuity. What amount is being contributed weekly?
$3,107
$310.70
$31.07
$3.11
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OpenStudy (awesomedude2078):
@Awolflover1
OpenStudy (will.h):
@jiteshmeghwal9 can't be correct you are calculating the total amount including the retirement contribution
OpenStudy (will.h):
how many weeks in a year?
OpenStudy (awesomedude2078):
about 52
OpenStudy (will.h):
okay so we will find the annual salary 1st
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OpenStudy (will.h):
478 * 52 = 24856
OpenStudy (awesomedude2078):
478 X 52 =
OpenStudy (awesomedude2078):
WOW you type fast
OpenStudy (will.h):
so if the annual salary is 24856 dollars and they take 6.5% out of it for the retirment
that means 24856*0.065 (we are calculating how much they taking annually)
1615.64 dollars is how much they take in annually now
To find the weekly we will have to divide that by 52
1615.64/52 = 31.07
Make sense?
OpenStudy (will.h):
if there's something you don't get just ask
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OpenStudy (will.h):
anyway tag me if there is. i don't get notifications unless when people tag me