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At age 2 5 , you start work for a company and are offered two retirement options. Retirement option 1 : When you retire, you
At age you start work for a company and are offered two retirement options.
Retirement option : When you retire, you will receive a lump sum of $ for each year of service.
Retirement option : When you start to work, the company deposits $ into an account with an APR of compounded monthly. When you retire, you get the balance of the account.
At age option will provide a retirement benefit of what amount?
$
At age option will provide a retirement benefit of what amount? Round your answer to the nearest whole dollar.
$
Which option is better if you retire at age
retirement option
retirement option
At age option will provide a retirement benefit of what amount?
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