brittclass18
contestada

Gilbert's employer matches 12% of Gilbert's contributions to his 401(k) plan. If Gilbert's employer contributed $600 to the plan last year, how much did Gilbert contribute to the plan last year?


A. $7200
B. $4400
C. $5600
D. $5000

Respuesta :

texaschic101
12% of Gilbert's contribution is 600
0.12x = 600
x = 600/0.12
x = 5000 <==

Answer:

D. $5000

Step-by-step explanation:

Let "x" be the Gilbert contribution.

Gilbert's employer contribution is 12% which is $600.

12% of x = 600

12/100 * x = 600

0.12*x =  600

Dividing both sides by 0.12, we get

x = 600/0.12

x = $5000

Answer: D. $5000

Hope this will helpful.

Thank you.

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