If Jill’s salary increases at a 6% uniform rate per year, and she continues to invest 5% of it each year, what amount of money is she guaranteed to have at the end of 25 years?

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Employer Pension Plan

An employer pension plan is a retirement benefit provided by an employer to employees before or after they retire. Over the course of the employees' working lives, the employer should invest a lump sum or make monthly contributions to investment schemes in employees' names. It is the employer's legal responsibility to provide employees with retirement plans that support them with guaranteed financial security in retirement.