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All work must be shown to receive credit, please use excel where applicable. 25. Assume that you participate in a defined benefit pension plan which

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All work must be shown to receive credit, please use excel where applicable.

25. Assume that you participate in a defined benefit pension plan which pays retirees 2.5% of your average annual wage times your years of service. If you work 30 years for the firm at an average annual salary of $65,000, what can you expect to receive per year upon retirement

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