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makalisek makalisek
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7 months ago
Brenda has been working for BestMart, Inc. for 35 years. She currently earns $97,000 a year and is fully vested in the pension plan. Her employer uses the following benefit formula: 1.5% of final salary for each year of service up to a maximum of 70%. If she were to retire today, what will be her annual pension benefit?

▸ $67,900

▸ $97,000

▸ $16,975

▸ $50,925
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Personal Finance

Personal Finance


Edition: 2nd
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okaymanokayman
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7 months ago
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makalisek Author
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Good timing, thanks!
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You make an excellent tutor!
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