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Mice21 [21]
1 year ago
11

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
Business
2 answers:
Elza [17]1 year ago
8 0
The answer is 6250 buddy.

You're welcome
-From Hockey
prisoha [69]1 year ago
8 0

Answer:

%6250

Explanation:

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