Whitney contributes 13% of her $70,600 annual salary to her 401(k) plan.
What is her pretax income?
O A. $71,41.92
O B. $61,422
O C. $49,016
O D. $59,808

Respuesta :

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 =

[tex]70600 - \frac{13}{100} \times 70600[/tex]

= 70600 – 9178 = 61422

Therefore whitney’s pretax income is $ 61422

Hence, option (B) is correct

Answer:

The correct answer is B. $61,422

Step-by-step explanation: