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An employer uses a career average formula to determine retirement payments to its employees. The annual retirement payout is 5 percent of the employees' career

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An employer uses a career average formula to determine retirement payments to its employees. The annual retirement payout is 5 percent of the employees' career average salary times the number of years of service. Calculate the annual benefit payment under the following scenarios Years Worked 24 27 29 Career Average Salary $65, eee 67,5ee 69,eee Annual Benefit Years Worked 24 27 29

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