1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Karo-lina-s [1.5K]
3 years ago
10

1. Jenna makes $96,000 per year working for an online e-magazine. Her company offers a 401K retirement plan in which they will m

atch 45% of her contributions
to the 401K up to 9% of her salary. The company will only allow employees to make contributions to the 401K to a maximum of 25% of their salary. For the year
in question, the maximum allowable contribution to any 401K is $22,000 since she is over the age of 55.
a) What is the maximum Jenna's employer will allow for her contribution?
b) What is the maximum contribution she could make?
c) What is her employer's maximum contribution amount?
Mathematics
1 answer:
Nikolay [14]3 years ago
3 0

Answer:

a) The maximum Jenna's employer will allow for her contribution is $24,000.

b) The maximum contribution she could make is $22,000.

c) Her employer's maximum contribution amount is $8,640.

Step-by-step explanation:

a) What is the maximum Jenna's employer will allow for her contribution?

The maximum Jenna's employer will allow for her contribution = Jenna's annual salary * Maximum percentage allowed by her employer = $96,000 * 25% = $24,000

b) What is the maximum contribution she could make?

The maximum contribution she could make = The maximum allowable contribution to any 401K for the year in question = $22,000

c) What is her employer's maximum contribution amount?

Her employer's maximum contribution amount = Jenna's annual salary * 9% = $96,000 * 9% = $8,640

You might be interested in
Fine the sun or different simplify the expression ( 3X +5 ) -( negative 4X + 1(
ohaa [14]
13x u add parentheses since two negatives positive
8 0
3 years ago
Read 2 more answers
Original price: $150; Markdown:40%(show work please)
zepelin [54]
Original price is $150 so you times 150 by 0.40
150 x 0.40 = 60
So you take the $150 and you subtract $60 from $150
150 - 60 = 90
So the answer is $90
8 0
3 years ago
Lines CE and AD intersect at point B. 37° What is the measure of angle DBE? 370 530 O 1270 0 1430​
yulyashka [42]

Answer:

idk how to answer

Step-by-step explanation:

i need more info

4 0
3 years ago
Read 2 more answers
What is the inverse of f(x)=(x+6)2 for x≥–6 where function g is the inverse of function f? g(x)=x√−6, x≥0 g(x)=x−6−−−−√, x≥6 g(x
rosijanka [135]

Answer:

g(x)=\sqrt{x}-6, x>=0

Step-by-step explanation:

f(x)=(x+6)^2

To find the inverse function , replace f(x) by y

y=(x+6)^2

Replace x with y and y with x

x=(y+6)^2

Solve the equation for y

take square root on both sides

+\sqrt{x} =y+6

Now subtract 6 from both sides

+\sqrt{x}-6=y

replace y with g(x)

g(x)=\sqrt{x}-6

7 0
3 years ago
Mackenzie wrote the following paragraph proof for the Vertical Angles Theorem: Line segment NT intersects line segment MR formin
lilavasa [31]

by the transitive property of equality

7 0
3 years ago
Read 2 more answers
Other questions:
  • The coefficients corresponding to k=0 1 2
    13·1 answer
  • Each paper clip is 3/4 of an inch long and costs $.02. Exactly enough paper clips are laid end to end to have a total length of
    11·1 answer
  • there are 239 people in the first six rows of the movie theater if the same number of people are in the next six rows about how
    9·1 answer
  • A small home speaker produces 0.200 ~\text{W}0.200 W of acoustical power. (This is achieved, for example, by a 10-Watt speaker o
    7·1 answer
  • 2x + 3x + 4 equals .
    15·1 answer
  • The area of a floor to be carpeted is 2700 square feet what is this area in square yards?
    9·2 answers
  • Find the center, vertices, and foci of the ellipse with equation x squared divided by 81 plus y squared divided by 225 equals 1.
    11·2 answers
  • HELP ASAP DUE TODAY
    13·2 answers
  • Can someone help me with this I’m really bad in geometry
    11·1 answer
  • 2.2.PS-8 Find the value of x when 6 - 4x = 6x - 8x + 8. The value of x is​
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!