Question: 1 . Marlene ( 4 marks ) Marlene has a pension of $ 4 5 , 0 0 0 p . a . and wants

1.Marlene (4 marks)
Marlene has a pension of $45,000 p.a. and wants to plan for 30 years of retirement. Her RRSP is earning 8% before retirement and she expects it will earn 6% in retirement when inflation is 2%.
a What is the present value at retirement of this pension if it is:
i.Indexed
ii. Not indexed.
1.Marlene (4 marks) Marlene has a pension of $45,000 p.a. and

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