530(1+.144/12)(.06) = 32.18 so even that is less than 35
So the answer is 31.80
There was a gross income of 34,100....8% goes to 401K plan..
8% of 34,100 = 0.08(34,100) = 2728
he gets paid bimonthly...so he gets paid twice a month...and being that there is 12 months in a year, he gets paid (12 * 2) = 24 times
2728/24 = 113.666 rounds to 113.67 each paycheck <==
