Question

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

Answer 1

Answer:

$61,422

Step-by-step explanation:

apex

Answer 2

Answer:

option (B) $61,422

Explanation:

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