Your employer contributes $75 a week to your retirement plan. Assume that you work for your employer for another 20 years and that the applicable discount rate is 7.5 percent. Given these assumptions, what is this employee benefit worth to you today?
A) $40,384.69
B) $42,618.46
C) $44,211.11
D) $44,306.16
E) $44,987.74
Correct Answer:
Verified
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