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Question #1 Pension information: Current salary $40,000 Years until retirement 3 Annual compensation increases 5% Discount rate 10% Benefit 2% Required: Consider Scenario 4: Employee

Question #1 Pension information: Current salary $40,000 Years until retirement 3 Annual compensation increases 5% Discount rate 10% Benefit 2% Required: Consider Scenario 4: Employee to receive benefit payments for 20 years and is given credit for 10 years of prior service. Construct the pension table

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