8. You recently retired with 35 years of pensionable service and averaged $50,000 over your best consecutive 60 months. Your company pays out 1.5% for each year of service based on the above salary average. What is your retirement pay as a percent of your "best consecutive 60 months" average salary? 42.8% 47.8 O 45.0% 49.5% 52.5%
8. You recently retired with 35 years of pensionable service and averaged $50,000 over your best consecutive 60 months. Your company pays out 1.5% for each year of service based on the above salary average. What is your retirement pay as a percent of your "best consecutive 60 months" average salary? 42.8% 47.8 O 45.0% 49.5% 52.5%
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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mni.2

Transcribed Image Text:8. You recently retired with 35 years of pensionable service and averaged $50,000 over your best consecutive 60
months. Your company pays out 1.5% for each year of service based on the above salary average. What is your
retirement pay as a percent of your "best consecutive 60 months" average salary?
O 42.8%
47.8
45.0%
49.5%
O 52.5%
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