sonya's employer matches 25% of sonya's contributions to her 401(k) plan. if sonya's employer contributed $600 to the plan last year, how much did sonya contribute to the plan last year?

Question

$1800
$3000
$1500
$2400

Answer 1

To find out how much Sonya contributed to her 401(k) plan last year, we can use the information about the employer's matching contribution.

The employer matches 25% of Sonya's contributions. If the employer contributed $600, we can set up the equation as follows:

Let \( x \) be Sonya's contribution. Then, the employer's contribution (which is 25% of \( x \)) can be represented as:

\[ 0.25x = 600 \]

To find \( x \), we can solve for it:

\[ x = \frac{600}{0.25} \]

Calculating that, we get:

\[ x = 600 \times 4 = 2400 \]

So, Sonya contributed $2400 to her 401(k) plan last year.