Parsons Barber
05/02/2024 · Middle School
Edisor's employer matches \( 20 \% \) of Edisor's contributions to his \( 401(\mathrm{k}) \) plan. If Edison's employer contributed \( \$ 700 \) to the plan last year, how much did Edison contribute to the plan last year? A. \( \$ 4200 \) B. \( \$ 3500 \) C. \( \$ 1400 \) D. \( \$ 2800 \)
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Edison contributed \( \$ 3500 \) to the plan last year.
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