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28 January, 00:58

Terrell has an employer-sponsored 401 (k) plan that he contributes to, and his employer matches 25% of his 401 (k) contributions. Terrell's salary is $40,000, and last year he contributed $5000 to his 401 (k) plan. What was the total amount that was contributed to his 401 (k) last year?

A. $3600

B. $6250

C. $6700

D. $5000

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Answers (1)
  1. 28 January, 01:04
    0
    The answer is 6250 buddy.

    You're welcome

    -From Hockey
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