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6. An employer uses a career average formula to determine retirement payments. To be eligible an employee must work a minimum of 10 years. The

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6. An employer uses a career average formula to determine retirement payments. To be eligible an employee must work a minimum of 10 years. The maximum amount of years an employee will be credited with is 35 years. The annual retirement payout is 2.25% of an employees' top 3 yrs average salary times the number of years by 1.25x. Calculate the retirement payment. years worked 17 35 42 avg salary $20,000 $125,000 $125,000 $125,000

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