I need show work also

6.)	Use the pension formula (including a projection of future salary levels) to determine the retirement benefits earned to date.
	FACTS:
	The company has a defined benefit plan
	Jessica's salary at the end of 2017 is	$ 119,000
	Retirement expected after	45	years of service
	Retirement period is expected to be	20	years
	Interest Rate	4.0%
	Benefits are calculated as a formula as the product of:
	Service already provided	22	years
	Percentage	3.0%
	Final year's salary is projected to be	$ 250,000