The latest school question and answer requested students to tell what they agree to is the most crucial important thing for a student to do if they wanted to get success. The one that response stood out from the rest was practice. Successful persons are generally not born successful; they become successful from hard work and perseverance. This is how you can achieve your goals. right below some question and answer examples that you can certainly work with to upgrade your knowledge and gain insight that will guide you to sustain your school studies.
Jose has an employer-sponsored 401(k) plan that he contributes to, and his employer matches 25% of his contributions. Jose’s salary is $50,000, and last year he contributed $6000 to his 401(k) plan. What was the total amount that was contributed to his 401(k) last year?
6,000 401K plan contribution of the employee
25% of employee’s contribution is the 401K plan contribution of the employer.
6,000 x 25% = 1,500 employer’s contribution
6,000 + 1,500 = 7,500
The total amount that was contributed to Jose’s 401K plan last year was 7,500.
They will possibly hopefully help the student deal with the question by working with the questions and answer examples. You would certainly then have a discussion with your classmate and continue the school learning by studying the problem to one another.