Question

Ernie Wagearner makes $729 per week. He knows his employer contributes 5.5% to a retirement annuity. How much does his employer contribute annually?

Answer 1

\[729\times5.5\]=?

Answer 2

did i do it right will? x.x

Answer 3

you should calculate the annual salary 1st
we have 52 weeks in a year so
729 * 52 = 37908 dollars
and you should multiply the 5.5% by the total annual salary to find out how much does he take for retirement
5.5/100 * 37908 = 2084.94 dollars is the 5.5% annually

Answer 4

hello Awo you missed to calculate to annual salary and it is not 5.5 it is 5.5%

Answer 5

ahh rightt

Answer 6

C ya guys

Answer 7

oh Awesomedude does it make sense?