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Cherry has an annual salary of $40,000 a year and contributes $1,000 to her 401(k) as the employee contribution. Her employer will match 80% of

Cherry has an annual salary of $40,000 a year and contributes $1,000 to her 401(k) as the employee contribution. Her employer will match 80% of her contribution up to 10% of her annual salary. If she increases her employee contribution by $500, the employer match contribution will increase by: $500 $0 $1000 $400

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