Pauline, aged 20, will retire at age 60 on a pension of 4000 per month. Given Djo

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Pauline, aged 20, will retire at age 60 on a pension of 4000 per month. Given Djo = 2800, A^60 = 7500 and A^6i = 7000, find the present value of all future benefits. Assume the first payment occurs at retirement.

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