Georgia works at a company that matches (401(mathrm{k})) contributions up to (5.5 %) of salary. Georgia wants

Question:

Georgia works at a company that matches $401(\mathrm{k})$ contributions up to $5.5 \%$ of salary. Georgia wants to deposit $\$ 6,000$ of her own earnings per year ( $\$ 500$ per month) in her 401 (k). If she makes $\$ 65,000$ annually, how much, including employer contributions, will be deposited in Georgia's account annually?

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