Asher's gross annual income is $43,908. He is paid monthly and has 6% deducted from his paychecks for his 401 (k). His employer matches his deduction, up to 4%.

How much is deposited into Asher's 401 (k) each payday?

Question 4 options:

$182.95

$292.72

$365.90

$439.08

Save

Question

Gerardo Mcbride

Mathematics

18 July, 23:32

Asher's gross annual income is $43,908. He is paid monthly and has 6% deducted from his paychecks for his 401 (k). His employer matches his deduction, up to 4%.

How much is deposited into Asher's 401 (k) each payday?

Question 4 options:

$182.95

$292.72

$365.90

$439.08

Save

+2

Answers (1)

Know the Answer?

Josue Schneider · Answer 1

43908 : 12 = 3659 salary per month

3659 * 0.06 = 219.54 - What Asher contributes

3659 * 0.04 = 146.36 - Employer contribution

Add together for total deposited = 365.90 or C

Asher's gross annual income is $43,908. He is paid monthly and has 6% deducted from his paychecks for his 401 (k). His employer matches his deduction, up to 4%.How much is deposited into Asher's 401 (k) each payday?Question 4 options:$182.95$292.72$365.90$439.08Save

Asher's gross annual income is $43,908. He is paid monthly and has 6% deducted from his paychecks for his 401 (k). His employer matches his deduction, up to 4%.

How much is deposited into Asher's 401 (k) each payday?

Question 4 options:

$182.95

$292.72

$365.90

$439.08

Save