Nelson makes $120,000 per year. His employer offers a 401k plan in which they will match 40%

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Nelson makes $120,000 per year. His employer offers a 401k plan in which they will match 40% of his contributions up to a maximum of 7% of his annual salary. His employer allows contributions up to a maximum of 15% of Nelson's salary per year. If Nelson contributes $200 out of each biweekly paycheck, how much will his employer contribute to his 401k?
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