Carlos receives 24 paychecks each year. Each paycheck, he contributes a specific percentage of his gross pay

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Carlos receives 24 paychecks each year. Each paycheck, he contributes a specific percentage of his gross pay to his retirement plan at work. His employer also contributes to his retirement plan, but at a different rate. Carlos wants a program that will calculate and display the total annual contribution made to his retirement plan by him and his employer. Complete an IPO chart for this problem. Desk-check the algorithm using $1465 as the gross pay, 4% as Carlos’s contribution rate, and 2% as his employer’s contribution rate. Then desk-check it using your own set of data.

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