4
lesson pretestMultiple Choice

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Question 4 • Mathematics for Data and Financial Literacy

Miley has a salary of $⁢48,000 , and her company offers a 401(k) with a 50% match up to 4% of her salary. The company uses a 2 -year cliff vesting schedule. Miley contributes 4% of her salary. How much will be vested after 1 year?

Answer
A
920 dollars
B
0 dollars
C
1 dollars comma 920
D
2 dollars comma 880
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Miley has a salary of $⁢48,000 , and her company…