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Tom has brought $150,000 from his pension to a new job where his employer will match 401(k) contributions dollar for dollar. Each year he contributes $3,000. After seven years, how much money would Tom
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Tom has brought $150,000 from his pension to a new job where his employer will match 401(k) contributions dollar for dollar. Each year he contributes $3,000. After seven years, how much money would Tom have in his 401(k) ? Show your calculations

User Jason
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The answer is $171,000 and the equation that you need to come up with is 150,000+3,000(X)
User Maximum
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