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March 25, 2017

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Part (b)
1.Knowing that Sally put 2% of her salary into her 401K during her first two years, how much has Sally contributed to her 401-K plan on the first year?
2.What is Sally’s gross salary on the 2nd year, after a 3.5% raise?
3.Knowing that Sally put 2% of her salary into her 401K during her first two years, how much has Sally contributed to her 401-K plan on the second year?

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