gabe has an employer sponsored 401(k) plan that he contributes to and his employer matches 25% of his 401(k) contributions Gabe

Question

3 years ago

14

salary is $30,000 and last year he contributed 401K plan what was the total amount that he contributed to his 401(k) last year?

2 answers:

Tcecarenko [31] · Answer 1 · 2022-01-10T17:29:41+03:00

7 0

Answer:

$5000

Step-by-step explanation:

25% of 4,000 is 1,000.

4,000 + 1,000 = 5,000

Blababa [14] · Answer 2 · 2022-01-10T18:53:08+03:00

6 0

Answer:

5000 is correct

Step-by-step explanation: