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VMariaS [17]
4 years ago
13

Whitney contributes 13% of her $70,600 annual salary to her 401(k) plan.

Mathematics
2 answers:
Mariana [72]4 years ago
8 0

Answer:

$61,422

Step-by-step explanation:

apex

Licemer1 [7]4 years ago
6 0

<u>Answer: </u>

option (B) $61,422

<u>Explanation:</u>

Given the annual salary is $70,600

Percent of Contribution made from the income = 13%

Pretax Salary/Income is calculated by the formula, Salary – 13% of salary

Pretax income =

70600 - \frac{13}{100} \times 70600

= 70600 – 9178 = 61422

Therefore whitney’s pretax income is $ 61422

Hence, option (B) is correct

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