Your employer contributes $50 a week to your retirement plan. Assume that you work for your employer for another 12 years and that the applicable discount rate is 8%. Given these assumptions,
What is this employee benefit worth to you today?
A) $20,046.80
B) $21,212.12
C) $21,406.14
D) $22,989.76
E) $23,521.79
Correct Answer:
Verified
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