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Question 6 An employer uses a career average formula to determine retirement payments to its employees. The annual retirement payout is 7 percent of the

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Question 6 An employer uses a career average formula to determine retirement payments to its employees. The annual retirement payout is 7 percent of the e average salary times the number of years of service. Calculate the annual benefit payment under the following scenarios: Years Career Aveige $71,000 73,500 75,000 30 35 Years ented Anual Benefit 30 149100 33 169785 35 183750

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