You have that:
- Her contribution from her salary <span>to her 401(k) plan, </span>is: 12%.
- Her annual salary is: $55,700.
Then, to solve this problem and calculate her pretax income, you must following the steps below:
1. You must calculate the amount that Violet contributed to her 401(k) plan. So, you have:
12%/100=0.12
($55,700x0.12)=$6,684
2. Now, you must subtract her annual pay ($55,700) by the amount obtained ($6,684), as below:
Pretax income= $55,700-$6,684
<span> Pretax income=$49,016
</span><span>
What is her pretax income?
The answer is: Her pretax income is </span>$49,016
Answer:
Step-by-step explanation:
x = 3
y = 5
2x^2 + 3y^2 = 2 × 3^2 + 3 × 5^2
= 2 × 9 + 3 × 25
= 18 + 75
= 93
Hope this helps
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Answer:
6%
Step-by-step explanation:
We have to calculate the interest rate in the note, we must follow the following steps, calculate the amount of time remaining from the year 2021, as follows:
interest is for 5 months i.e. from Aug 01 to Dec 31 for year 2021
, so it means it would be 5/12 months.
We have to calculate the interest as follows:
I = P * R * T
We replace:
200 = 8000 * R * 5/12
we solve for R
200 * 12/5 = 8000 * R
R * 8000 = 480
R = 480/8000
R = 0.06
Which means that the interest rate on the note is 6%
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Answer:
Sorry don't know the answer