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Anton works at First National Bank. His employer offers him a pension retirement plan which will be 1.45% of his average salary for the last five years of employment for every year worked. Anton is planning on retiring at the end of this year after 22 years of employment. His salaries for the last five years are $92,000; $92,800; $99,000; $100,500; and $105,000. Calculate Anton s pension? |
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