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malfutka [58]
3 years ago
12

last year elissa contributed $105 per month toward her 401(k) account. If her employer matched 15% of her contributions, what wa

s the total amount contributed to the 401(k) at the end of the year? A. $1162 B. $1575 C. $1449 D. $1442
Mathematics
3 answers:
ExtremeBDS [4]3 years ago
9 0

Answer:

The correct answer is option C

Step-by-step explanation:

The annual amount contributed by Elissa

= 105 * 12\\= 1260\\

Amount contributed by Elissa's employer

= \frac{15}{100} * 1260\\= 189\\

The total amount contributed to the 401(k) at the end of the year

= 1260 + 189\\= 1449\\

The correct answer is option C

Vlada [557]3 years ago
8 0

105(12) = $1,260(.15) = 189
189 is the fifteen percent times the total amount at the end of the year, add it plus the year total, and you have (drumroll please) $1,449 total.

So C. $1,449

breezyezzcarlos2 years ago
0 0

C!!!!!!!!!!!!!!!!!!!!!!!!!

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