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Isaiah's Employer Has a Pension Plan That Pays 2

Question 32

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Isaiah's employer has a pension plan that pays 2.2% of the average of his highest three-year salary for every year worked.Isaiah has been with this company for 15 years,and his last three years' salaries were $77,500;$81,000;and $81,500.What will his monthly pension amount be after three years in retirement if the cost-of-living adjustment is 2.5% per year?

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