anonymous
  • anonymous
Bianca's employer matches 25% of her 401(k) contributions up to $1000. Bianca's salary is $50,000, and last year she contributed $6000 to her 401(k) plan. What was her employer's contribution to the 401(k). A. $7500 B. $6000 C. $1500 D. $1000
Finance
schrodinger
  • schrodinger
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anonymous
  • anonymous
anonymous
  • anonymous
anonymous
  • anonymous

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anonymous
  • anonymous
anonymous
  • anonymous
i have no idea :/ sorry i couldn't help
anonymous
  • anonymous
The answer is D. Bianca's employer matches 25% of her 401(k) contributions up to $1000 She contributed 6000 so 6000 x .25 = 1500 but the employer will only go up to a 1000 so the answer is D

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