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31 July, 20:32

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. 31 July, 21:21
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    0.07 (29700) / 12 = 173.25
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