You plan to retire at age 60 years you expect that the last, Ask an Expert

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You plan to retire at age 60 years, you expect that the last 3 years of service the annual pay will average at $50,000. If your pension plan agreement allows 3% factor payment, and that upon retirement you will have 26 years of service.

Calculate the annual retirement payment to be received from pension ?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M93040437

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