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

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Given the below pension assumptions (same as the previous question), answer the following question. Starting salary 77,000 Annual salary increase 2.00% Years of employment 30 Vesting rate 1.75% Return on investments 6.00% Years of retirement 20 What is the amount of money required to be in the pension fund to meet the obligations at retirement? Multiple Choice 839,877 3,195,927 O 1,919,848 o 1,112,342 Given the below pension assumptions (same as the previous question), answer the following question. Starting salary 77,000 Annual salary increase 2.00% Years of employment 30 Vesting rate 1.75% Return on investments 6.00% Years of retirement 20 What is the amount of money required to be in the pension fund to meet the obligations at retirement? Multiple Choice 839,877 3,195,927 O 1,919,848 o 1,112,342

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