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Jim is considering his employer's offer of early retirement. The company will pay a pension benefit of $3,500 a month until he turns 95 years
Jim is considering his employer's offer of early retirement. The company will pay a pension benefit of $3,500 a month until he turns 95 years old ( 30 years). If he can earn 4% APY on his money, what are the pension payments approximately worth today? $60,522 $87.500 $726,265 $733,114
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