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What is the total contribution to her retirement account

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Question - Odeah has a job at a company that offers a defined contribution plan, and her annual salary is $83,000. Odeah's employer will contribute 8% of her salary to her retirement account if Odeah contributes at least 3%. Suppose Odeah contributes 5% of her salary. What is the total contribution to her retirement account for the year?

Reference no: EM133025873

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