Question
eduardo contributes 16% of his $82,400 annual salary to his 401(k) plan. what is his pre-tax income?
$82,400
$13,184
$58,656
$69,216
$82,400
$13,184
$58,656
$69,216
Answers
GPT-4o mini
To find Eduardo's pre-tax income after his 401(k) contribution, we need to calculate the amount he contributes to the 401(k) and then subtract that from his annual salary.
1. Calculate 16% of his annual salary:
\[
\text{Contribution} = 0.16 \times 82,400 = 13,184
\]
2. Subtract the contribution from his annual salary to find his pre-tax income:
\[
\text{Pre-tax income} = 82,400 - 13,184 = 69,216
\]
So, Eduardo's pre-tax income is **$69,216**.
1. Calculate 16% of his annual salary:
\[
\text{Contribution} = 0.16 \times 82,400 = 13,184
\]
2. Subtract the contribution from his annual salary to find his pre-tax income:
\[
\text{Pre-tax income} = 82,400 - 13,184 = 69,216
\]
So, Eduardo's pre-tax income is **$69,216**.