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Question
At your new job you estimate that your average salary over your working years will be $95,000 per year. How many more years would you have to work to receive as much benefit from a flat benefit of $3,000 times years of service as you would receive from 3.75% of your average salary times years of service?
A. 1.33 times as many years
B. 0.75 times as many years
C. 1.19 times as many years
D. 2.40 times as many years
E. 1.50 times as many years
Answer
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