Congratulations, you have just been employed! You now have a choice between a flat benefit...
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Accounting
Congratulations, you have just been employed! You now have a choice between a flat benefit at retirement equal to 2,000 times your years of service, or a career average formula of 3.50% of your average salary times your years of service. You expect to work 40 years. At what average salary would you be indifferent between the two alternatives?
Select one:
a.
80,000
b.
72,722
c.
57,143
d.
50,552
e.
49,488
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