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I am a teacher retiring this year at age 57, expecting to live another 28 years on a $50,000 pension. Using a 6% discount rate,
I am a teacher retiring this year at age 57, expecting to live another 28 years on a $50,000 pension. Using a 6% discount rate, what is this estimated pension worth? Circle the answer closest to your answer. Question 5 options: $650,000 $750,000 $850,000 $950,000
I have a TI-84 please let me know calculator instructions as well.
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