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Determine the replacement rate in the following scenarios if an employer is enrolled in a defined benefit plan with the following benefit formula:5%...

Determine the replacement rate in the following scenarios if an employer is enrolled in a defined benefit plan with the following benefit formula: 2.5% x Years of Service x Final Salary.
a. Service = 10 years: Final Salary = $40,000
b. Service =10 years: Final Salary = $60,000
c. Service = 20 years: Final Salary = $60,000

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Finance- 8198671.doc

Determine the replacement rate in the following scenarios if an employer is enrolled in a defined
benefit plan with the following benefit formula: 2.5% x Years of Service x Final Salary.
a. Service...

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