1. Jenna makes $96,000 per year working for an online e-magazine. Her company offers a 401K retirement plan in which they will match 45% of her contributions to the 401K up to 9% of her salary. The company will only allow employees to make contributions to the 401K to a maximum of 25% of their salary. For the year
in question, the maximum allowable contribution to any 401K is $22,000 since she is over the age of 55.
a) What is the maximum Jenna's employer will allow for her contribution?
b) What is the maximum contribution she could make?
c) What is her employer's maximum contribution amount?

a) The maximum Jenna's employer will allow for her contribution is $24,000.

b) The maximum contribution she could make is $22,000.

c) Her employer's maximum contribution amount is $8,640.

Step-by-step explanation:

a) What is the maximum Jenna's employer will allow for her contribution?

The maximum Jenna's employer will allow for her contribution = Jenna's annual salary * Maximum percentage allowed by her employer = $96,000 * 25% = $24,000

b) What is the maximum contribution she could make?

The maximum contribution she could make = The maximum allowable contribution to any 401K for the year in question = $22,000

c) What is her employer's maximum contribution amount?

Her employer's maximum contribution amount = Jenna's annual salary * 9% = $96,000 * 9% = $8,640

this may not be at all, but i use the same website you're using for school, and if i'm stuck doing one of these i try to look for it on the section.

answer: input the dimensions of the room to be painted. click the button to calculate the amount of paint and man-hours needed for this job.

interior paint coverage depends on the brand of paint used. the coverage amount is listed on the label of the paint can. use this to adjust the values in the paint coverage section below. paint usually is applied at 350 to 400 square feet per gallon (primer at 200 to 300 square feet per gallon).

step-by-step explanation: