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Last year ratchel contributed $105 each month toward her 401(k) account. If her employer matched 17% of her contribution,what was the total amount contributed to the 401(k) at the end of the year?

Respuesta :

Aliwohaish12
amount she contributed
105×12 months = 1260

Her employers contributions per month
0.17×105=17.85

Amount contributed for the year
17.85×12=214.2

The total amount contributed to the 401(k) at the end of the year is
1,260+214.2=1,474.2

Hope it helps!

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