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BigorU [14]
3 years ago
11

Sven participates in his employer’s 401k plan. His annual salary is $52,000. Sven contributes 7.5% of his annual salary. His emp

loyer matches his contributions up to 5% of his salary. How much money will be contributed to Sven’s plan for one year?
Mathematics
1 answer:
IgorLugansk [536]3 years ago
5 0

Answer:

$ 6,500

Step-by-step explanation:

(52,000)(0.075)+(52,000)(0.05) = 3,900 + 2,600

= 6,500

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In order to find the linear function that models the relationship between the number of hours worked and the money earned, we need to find the slope of the function.

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brainly.com/question/4152194

brainly.com/question/12941985

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