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1 September, 12:58

Last year, a construction worker had a gross income of 29,700 of which he contributed 7% to his 401 (k) plan. If he got paid monthly, how much was deducted from each paycheck for his 401 (k) plan?

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  1. 1 September, 16:30
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    0.07 (29700) / 12 = 173.25
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