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Calculate the total contributions made by company

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Reference no: EM132816336

Problem 1: Bridget is a member of her company's money purchase pension plan where she and the employer each contribute 5% of her pensionable earnings. Bridget's earned income is $67,000, while her pensionable earnings are $63,500. Calculate the total contributions made by her and her company into her pension plan.

Reference no: EM132816336

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