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You have recently been hired at Daktronics; they have the following terminology regarding retirement. Within your 401k, Daktronics will match your contribution 50% of your
You have recently been hired at Daktronics; they have the following terminology regarding retirement. Within your 401k, Daktronics will match your contribution 50% of your first 8% contributions. 1. Of the two types of pension/retirement plans, which type is this? 2. If you contribute 8% of your salary annually, what will your total annual contributions be as a percentage? 3. If you contribute 10% of your salary annually, what will your total annual contributions be as a percentage? 4. If you contribute 5% of your salary annually, what will your total annual contributions be as a percentage? 5. If you contribute 0% of your salary annually, what will your total annual contributions be as a percentage
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