Dvon works for a company that matches his 401k retirement, Finance Basics

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Dvon works for a company that matches his 401k retirement

Question: D'von works for a company that matches his 401(k) retirement contributions at a rate of "$0.50 per $1" of his contributions, up to 6% of his salary. D'von earns $60,000/year. What is the minimum amount of salary that D'von should contribute to his 401(k) plan each year?

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Finance Basics: Dvon works for a company that matches his 401k retirement

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Finance Basics: Dvon works for a company that matches his 401k retirement

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