Mathematics, 26.01.2021 21:50 jayla69
Mary is the director of the Washington Performing Arts Center. Her employer offers a pension. Mary’s employer uses a formula to calculate the pension. Marina is planning on retiring at the end of this year after 30 years of employment. A retiring employee receives 1.6% of his or her average salary for the last 5 years of employment multiplied by the number of years worked. Mary would receive this amount each year until her death. Her salaries for the last 5 years are $80,900; $90,200; $95,000; $99,000; and $104,000. Calculate Marina’s pension.
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Mary is the director of the Washington Performing Arts Center. Her employer offers a pension. Mary’s...
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