Will Works for Micro Lance Computer Company and Participates in Its

question 131

Multiple Choice

Will works for Micro Lance Computer Company and participates in its thrift and savings plan.For every $1.00 Will contributes to the plan,up to 5 percent of his salary,the company contributes $0.25.If Will's salary is $40,000 and he decides to maximize the matching contributions,how much will be contributed to Will's plan in a year by both the employer and Will?

• A)$4,000
• B)$3,500
• C)$2,500
• D)$2,000
• E)$1,000

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Definitions:

Defense Mechanism

Psychological strategies brought into play by individuals to protect against feelings of anxiety or social condemnation.

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Carl Jung’s concept of a shared, inherited reservoir of memory traces from our species’ history.

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