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Ludmilka [50]
3 years ago
10

Last year ratchel contributed $105 each month toward her 401(k) account. If her employer matched 17% of her contribution,what wa

s the total amount contributed to the 401(k) at the end of the year?
Mathematics
1 answer:
Veronika [31]3 years ago
5 0
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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