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Mathematics, 22.08.2020 14:01 alinegonzalez0027
Liz works at Food For Thought magazine. Her employer offers her a pension. Liz’s employer uses a formula to calculate the pension. Retiring employees receive 2.1% of their average salary over the last four years of employment for every year worked. Liz is planning on retiring at the end of this year after, 20 years of employment. Her salaries for the last four years are $66,000; $66,000; $73,000; and $75,000. Calculate Liz’s annual pension. Hint: Find the average, then multiply by the pension rate and then multiply by the numbers of years of employment. Clearly show your work.
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Liz works at Food For Thought magazine. Her employer offers her a pension. Liz’s employer uses a for...
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