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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

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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? A. $173.25 B. $86.63 C. $39.98 D. $297.00

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