Question: Given the below pension assumptions (same as the previous question), answer the following question. Starting salary 77,000 Annual salary increase 2.00% Years of employment 30

Given the below pension assumptions (same as the previous question), answer

Given the below pension assumptions (same as the previous question), answer the following question. Starting salary 77,000 Annual salary increase 2.00% Years of employment 30 Vesting rate 1.75% Return on investments 6.00% Years of retirement 20 What is the amount of money required to be in the pension fund to meet the obligations at retirement? Multiple Choice 839,877 3,195,927 O 1,919,848 o 1,112,342 Given the below pension assumptions (same as the previous question), answer the following question. Starting salary 77,000 Annual salary increase 2.00% Years of employment 30 Vesting rate 1.75% Return on investments 6.00% Years of retirement 20 What is the amount of money required to be in the pension fund to meet the obligations at retirement? Multiple Choice 839,877 3,195,927 O 1,919,848 o 1,112,342

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