Divide the gross income by 12 to find his monthly pay:
29,700 / 12 =$2,475 per month.
Multiply his monthly pay by 7%:
2,475 x 0.07 = $173.25 into his 401(k) per month.
The answer is A.
I’m not sure but maybe true
12.75
PROOF:
find all the m's first
3m+3m+m+m=8m
8m=102
Divide both sides, and you get
12.75
