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1 vote
Gabe contributes to an employer-sponsored 401(k) plan. For the first 6% of

Gabe's salary, his employer matches 100% of his 401(k) contributions, and
from 6% to 12%, Gabe's employer matches 50% of his 401(k) contributions,
Gabe's salary is $30,000, and last year he contributed $4000 to his 401(k)
plan. What was the total amount that was contributed to his 401(k) last year?

User Zuljin
by
5.0k points

1 Answer

2 votes

Answer:

$6700

Explanation:

A. p. 3. x

User Goodlife
by
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