**need !   bo’s gross annual income is $45,408. he is paid semimonthly and has 6% deducted from his paychecks for his 403(b). his employer matches his deduction, up to 3%. how much is deposited into bo’s 403(b) each payday?

$170.28 is deposited into Bo's 403(b) each payday.

First, divide 45408 by 24 because he is paid twice a month to find his paycheck. It is 1892.

Now, he has 6% deducted, so that is 113.52 (0.06 x 1892).

The company only matches 3%, half of 6%, of his deduction.
113.52 / 2 = 56.76.

His total contribution will be:
56.76 + 113.52 = 170.28

The equation is y=17(7)+600 and it equals 717