Fraser has been working at the City Water Plant for 28 years. At the end of another two years he can retire. Fraser's current salary is $85,000. The City is experiencing fiscal distress and makes early retirement offers to some high-salary employees. Fraser is offered an immediate payment of $170,000 if he retires effective immediately. If the discount rate is 2% and Fraser is only concerned with the economic implications of this decision (not with other factors such as the benefits of an established daily routine and interactions with familiar colleagues), what do you expect Fraser will do?