Edison's employer matches 20% of Edison's contributions to his 401(k) plan. If edison's employer contributed $700

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10-08-2017
Mathematics

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Edison's employer matches 20% of Edison's contributions to his 401(k) plan. If edison's employer contributed $700

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choixongdong choixongdong · Answer 1 · 2017-08-10T16:07:33+02:00

choixongdong choixongdong

10-08-2017

employer matches 20% and contributed $700

so $700 / 0.2 = $3500

so Edison needs to put in his 401(k) $3500 in order for his employer matches $700 as 20%

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ronaldomg707 ronaldomg707 · Answer 2 · 2019-10-19T20:25:52+02:00

ronaldomg707 ronaldomg707

19-10-2019

Answer:

3500

Step-by-step explanation:

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