Jillean contributes a set percentage of her gross pay towards a 401k account and will have a total of $225,634.00 by retirement. Jillean's employer also contributes a set percentage, which will increase her total by $49,438.00. What is the percent increase between the total without Jillean's employer contribution and the total with? Round to the nearest whole percent. 21% 22% 28% 31%
Jillean contributes a set percentage of her gross pay towards a 401k account and will have a total of $225,634.00 by retirement. Jillean's employer also contributes a set percentage, which will increase her total by $49,438.00. What is the percent increase between the total without Jillean's employer contribution and the total with? Round to the nearest whole percent. 21% 22% 28% 31%
Elementary Algebra
17th Edition
ISBN:9780998625713
Author:Lynn Marecek, MaryAnne Anthony-Smith
Publisher:Lynn Marecek, MaryAnne Anthony-Smith
Chapter3: Math Models
Section3.3: Solve Mixture Applications
Problem 3.66TI: has $8,000 to save for his daughter’s college education. He wants to divide it between one account...
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