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2. Pension information: Current salary $40,000 Years until retirement 3 Annual compensation increases 5% Discount rate 10% Benefit 2% Required: Construct the pension table. (12

2.

Pension information:

Current salary $40,000

Years until retirement 3

Annual compensation increases 5%

Discount rate 10%

Benefit 2%

Required:

Construct the pension table. (12 marks).

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