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1. You are retired, and your pension is $3,000 per month today. The terms of the plan increase it by inflation at the end of

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1. You are retired, and your pension is $3,000 per month today. The terms of the plan increase it by inflation at the end of every year. What would be your monthly pension in 10 years if inflation is 3% per year? A. $4,032 B. $4,048 C. $4,558 D. $4,858 E. $5,233

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