Last year, gilbert contributed $75 toward his 401(k) account each month. if his employer matched 16% of his contributions, what was the total amount contributed to the 401(k) at the end of the year?

$1044 was contributed.

Step-by-step explanation:

Last year, Gilbert contributed toward his 401(k) account each month = $75.00

Contribution in a year = $75.00 × 12 = $900.00

His employer matched 16% of his contribution

Employer's contribution = 16% of $900.00

× 900

= 0.16 × 900 = $144.00

Total contribution = $900 + $144 = $1044

The total amount $1044 was contributed to the 401(k) at the end of the year.

step-by-step explanation: