Question:

Math interest questions help.?

by  |  earlier

0 LIKES UnLike

Worldwide music corporation 401(k) will match 75% of your contribution up to 7% of your salery.

1. Max worked at worldwide music and earned 62,300 per year. He contributed 175.00 per week into a 401(k) plan. how much of his contribution was matched by worldwide?

2. Britta earned 48,000 per year at worldwide music. She wanted to contribute $80.00 per week into the plan. what was the amount of the company's match?

 Tags:

   Report

2 ANSWERS


  1. Seriously, where the h**l are you from that you have access to the internet, but not a calculator?!

    Do your own homework, already.


  2. You need to be able to do your own homework, not just expect someone to do it for you.

    For each question, calculate the total the person would be putting in by multiplying their weekly contribution by 52.  Then calculate 7% of their salary by multiplying their salary by .07

    The smaller of those two numbers is the answer you are looking for.

Question Stats

Latest activity: earlier.
This question has 2 answers.

BECOME A GUIDE

Share your knowledge and help people by answering questions.