Rachael's employer matches 16% of Rachael's contributions to her 401 (k) plan. If Rachael's employer contributed $400 to the plan last year, how much did Rachael contribute to the plan last year?

Question

Guest

28 January, 04:38

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Answers (2)

Know the Answer?

Angelique Hogan · Answer 1

Angelique Hogan 28 January, 05:40

0

Was one of the choices was 25

Elian Schwartz · Answer 2

0.16 x = 400

x = 400 / 0.16

x = 2500

answer

Rachael contributed $2500 to the plan last year