Jamal is retiring after working 45 years for the same company. The company pays a monthly retirement benefits of $35 for each year of service less than 20 years. The benefit increases by 1 / 10% for each year of service beyond 20 years.
(a) What is Jamal's multiplier?
(b) What is his monthly income in his retirement?
(c) What is his annual income in his retirement?