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Business, 20.04.2020 22:14 honeytolentino08

Jim is currently having a salary of $56,700 and gets paid every other week. He is
planning to participate in the company's 401(k) program. The company currently
matches at 85% for every dollar invested by employees. He is contributing 4% of his
salary to his 401(k).
What is the amount Jim will contribute to is 401(k) this year and how much will the
company match?
What is his account balance after the company matches in investment?

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Answers: 3

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Jim is currently having a salary of $56,700 and gets paid every other week. He is
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