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Nancy earns $ 3 6 , 0 0 0 per year and is paid biweekly. She wants to have $ 5 5 0 , 0

Nancy earns $36,000 per year and is paid biweekly. She wants to have $550,000 in her
401(k)30 years from now and thinks her investments will earn 8(1)/(2)%. Her employer matches contributions 50% up to 8%. What percent of her salary should she contribute to reach this goal? Give the rate as a percentage with two decimal places.

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