You work for a small business. The company offers employees a 401(k) plan. The company matches...
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You work for a small business. The company offers employees a 401(k) plan. The company matches employee contributions to the plan up to 3 percent of the employee's gross pay. 1. Find each employee's contribution to a 401(k) account by multiplying the employee's gross pay by the contribution percentage. Find the employer's matching contribution and the total contribution amount for each employee. The employees are listed by employee number. 2. Find the employer's total contribution for all employees. Employee No. 4568 4321 3257 3921 3415 3401 4563 Gross Pay $2,150.00 1,088.00 2,840.00 2,010.00 2,166.00 3,455.00 1,920.00 401(k) Contributions Period Ending February 14, 20-- Employee % 3% 2% 5% 1% 2% 3% 4% Employee Amount Employer Amount Total Amount You work for a small business. The company offers employees a 401(k) plan. The company matches employee contributions to the plan up to 3 percent of the employee's gross pay. 1. Find each employee's contribution to a 401(k) account by multiplying the employee's gross pay by the contribution percentage. Find the employer's matching contribution and the total contribution amount for each employee. The employees are listed by employee number. 2. Find the employer's total contribution for all employees. Employee No. 4568 4321 3257 3921 3415 3401 4563 Gross Pay $2,150.00 1,088.00 2,840.00 2,010.00 2,166.00 3,455.00 1,920.00 401(k) Contributions Period Ending February 14, 20-- Employee % 3% 2% 5% 1% 2% 3% 4% Employee Amount Employer Amount Total Amount
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