Question

@danieldjpon3

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?

Answer 1

Salary of $24,000 per year i.e. for 52 weeks
= 461.54 for 1 week
= 461.54 × 2 = 923.08 for 2 weeks
pension = 923.08 × 6.5/100 = $ 60 in pay check

Answer 2

I hoe that helps

Answer 3

hope*