Answer:
Step-by-step explanation:
Using the area model and standard algorithm, we have:
332 (tenths)
<u> × 21 </u>
332
<u> 664 </u>
<u> 6972 </u> tenths = 697.2
<u />
30 + 3 tenths
1 300 32 332
20 600 64 664
33.2 × 21 =<u> 30 </u> × <u> 1 </u> = <u> 30 </u>
Answer:
$6,540
Step-by-step explanation:
In 1 year, the trainer contributes 6% of 25,000;
0.06*25000= $1500
The employer matches 9% of his contributions; 9% of 1,500
0.09*1500= $135
Therefore, in 1 year, the 401(k) account will have 1500+135=$1635
This means that in order to find how much will have ben contributed after 4 years , you multiply $1635 by 4;
1635*4= $6,540
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