Lydia's salary is $$ \$ 60,530 $$, and she makes 401 K contributions. She saves $$ 7 \% $$ of her salary and her company will match $$ 50 \% $$ of her $$ 7 \% $$ contribution. How much does her company contribute to her 401 K ? (1 point) $$ \$ 2,118.55 $$ $$ \$ 4,237.10 $$ $$ \$ 6,795.10 $$ $$ \$ 8,474.20 $$

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Lydia's annual salary is $$ \$60,530 $$.

1. **Calculate Lydia's 7% contribution:**
   $$
   0.07 \times 60,530 = \$4,237.10
   $$

2. **Calculate the company's 50% match:**
   $$
   0.50 \times 4,237.10 = \$2,118.55
   $$

**Answer:** $$ \$2,118.55 $$
Her company contributes \$2,118.55 to her 401 K.

Lydia’s salary is , and she makes 401 K contributions. She saves of her salary and her company will match
of her contribution. How much does her company contribute to her 401 K ?
(1 point)

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Lydia’s salary is , and she makes 401 K contributions. She saves of her salary and her company will match of her contribution. How much does her company contribute to her 401 K ? (1 point)