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Given the below pension assumptions (same as the previous question), answer the following question. Starting salary Annual salary increase Years of employment 77,000 2.00% 30

Given the below pension assumptions (same as the previous question), answer the following question. Starting salary Annual salary increase Years of employment 77,000 2.00% 30 1.75% 6.00% 20 Vesting rate Return on investments Years of retirement What is the amount of money required to be invested each year in order to meet the expected retirement benefit

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