Kathy Is 60 Years of Age and Self-Employed

question 4

Multiple Choice

Kathy is 60 years of age and self-employed. During the year she reported $400,000 of revenues and $100,000 of expenses relating to her self-employment activities. If Kathy has no other retirement accounts in her name, what is the maximum amount she can contribute to an individual 401(k) ?

• A) $52,000
• B) $57,500
• C) $75,246
• D) $57,746

Solve quadratic equations by factoring.

Apply the Square Root Property to solve equations.

Find both real and complex solutions to quadratic equations.

Solve quadratic equations by completing the square.

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