18 2.5 points Assume that your employer allows you to have a flexible spending account (FSA) for child care expenses. If you typically spend $5,000 per year on child care, what is the effective cost of your child care if you contribute $5,000 to the FSA and your marginal tax rate is 20%? $4,000 $4,200 $3,800 $5,000 19 2.5 points Your salary increased 30% in four years. What is the annual percentage increase? 6.77% 7.5% 2.85% 8.77%

Assume that your employer allows you to have a flexible spending account (FSA) for child care expenses. If you typically spend $5,000 per year on child care, what is the effective cost of your child care if you contribute $5,000 to the FSA and your marginal tax rate is 20% ? $4,000$4,200$3,800$5,000 25 points Yout salary increased 30% in four years. What is the annual percentage increase? 6.77% 7.5% 2.85% 8.77%