Math Problem Statement
My yearly salary is 78,000 I live in Colorado. I have insurance that coats about 260 every pay check as well as 6% going to my 401k. I get paid on the 12th and 27th. What's going to be my average paycheck?
Solution
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Math Problem Analysis
Mathematical Concepts
Salary Calculation
Percentage Deductions
Subtraction
Formulas
Gross Paycheck = Annual Salary / Number of Paychecks
401(k) Deduction = Gross Paycheck * 401(k) Contribution Percentage
Net Paycheck = Gross Paycheck - 401(k) Deduction - Insurance Deduction
Theorems
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Suitable Grade Level
Grades 10-12
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