Rylie's gross paycheck amount is $1305.60. She has 4% deducted from her paychecks for her 401(k). Her employer matches her deduc tion, up to 4%. How mach is deducted from her paycheck for retirement plan?
A) $26.11
B) $52.22
C) $104.44
D) $522.24
2 answers:
The employer contribution does not get deducted from her paycheck. To find the amount deducted from her check we take 4% of 1305.60 = 0.04(1305.60) = $52.22.
I believe your answer is $52.22 :)
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