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Please help, only need the last 2 parts Calculating 401(k) Matching Contributions maximum limits. Here are three common approaches for determining matching contributions: $2,000. pay
Please help, only need the last 2 parts
Calculating 401(k) Matching Contributions maximum limits. Here are three common approaches for determining matching contributions: $2,000. pay to the 401(k) plan. Onkar earns $79,200 annually and contributes 1 percent of pay. Under the full match approach, the employer's contribution for (Round your answers to the nearest hundredths place.) a) Amanda: $0 b) Shiyu: $10,500 c) Onkar: $792 Under the fixed dollar match approach (Fixed dollar match: 75 cents per each $1 employee contribution), the employer's contribution for (Round your answers to the nearest hundredths place.) a) Amanda: $0 b) Shiyu: $7875 c) Onkar: $594 The Total Dollar Contribution to each employee's 401(k) account as follows: (Round your answers to the nearest hundredths place.) d) Amanda: $0 e) Shiyu: $18375 f) Onkar: \$ 1386 (Round your answers to the nearest hundredths place.) a) Amanda: $0 b) Shiyu: c) Onkar: The Total Dollar Contribution to each employee's 401(k) account as follows: (Round your answers to the nearest hundredths place.) d) Amanda: $0 e) Shiyu: $ f) Onkar: Calculating 401(k) Matching Contributions maximum limits. Here are three common approaches for determining matching contributions: $2,000. pay to the 401(k) plan. Onkar earns $79,200 annually and contributes 1 percent of pay. Under the full match approach, the employer's contribution for (Round your answers to the nearest hundredths place.) a) Amanda: $0 b) Shiyu: $10,500 c) Onkar: $792 Under the fixed dollar match approach (Fixed dollar match: 75 cents per each $1 employee contribution), the employer's contribution for (Round your answers to the nearest hundredths place.) a) Amanda: $0 b) Shiyu: $7875 c) Onkar: $594 The Total Dollar Contribution to each employee's 401(k) account as follows: (Round your answers to the nearest hundredths place.) d) Amanda: $0 e) Shiyu: $18375 f) Onkar: \$ 1386 (Round your answers to the nearest hundredths place.) a) Amanda: $0 b) Shiyu: c) Onkar: The Total Dollar Contribution to each employee's 401(k) account as follows: (Round your answers to the nearest hundredths place.) d) Amanda: $0 e) Shiyu: $ f) OnkarStep by Step Solution
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