Question

David’s salary is $29,512, and he makes 401K contributions. His company will match 100% of the amount he saves up to 6%. How much will his company contribute if he contributes 8% of his salary to his 401K?

Answer 1

David contributes 8% of his salary to his 401K, which is 8/100 * 29512 = $<<8/100*29512=2360.96>>2360.96.
The amount his company will match is 2360.96 * 6/100 = $<<2360.96*6/100=141.66>>141.66. Answer: \boxed{141}.