Martina's employer offers an annual pension benefit calculated by multiplying 2.35% of the career average salary times
Question:
28,800 29,300 30,250 31,000 35,500 42,000 45,000 50,000 28,800 29,900 30,350 35,000 35,700 43,000 48,000 52,000 29,210 29,900 30,450 35,000 38,000 43,900 48,800 52,000
a. What is Martina's career average salary?
b. What is Martina's annual pension under this plan?
c. What percentage of her final annual salary will her annual retirement salary be to the nearest percent?
d. What is Martina's monthly pension benefit to the nearest penny?
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a 28800 28800 29210 29300 29900 29900 30250 30350 30450 ...View the full answer
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Rustia Melrod
I am a retired teacher with 6 years of experience teaching various science subjects to high school students and undergraduate students. This background enables me to be able to help tutor students who are struggling with the science of business component of their education. Teaching difficult subjects has definitely taught me patience. There is no greater joy for me than to patiently guide a student to the correct answer. When a student has that "aha!" moment, all my efforts are worth it.
The Common Core standards are a useful yardstick for measuring how well students are doing. My students consistently met or exceeded the Common Core standards for science. I believe in working with each student's individual learning styles to help them understand the material. If students were struggling with a concept, I would figure out a different way to teach or apply that concept. I was voted Teacher of the Year six times in my career. I also won an award for Innovative Teaching Style at the 2011 National Teaching Conference.
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Related Book For 
Financial Algebra advanced algebra with financial applications
ISBN: 978-0538449670
1st edition
Authors: Robert K. Gerver
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