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%

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter1: Fundamental Concepts Of Algebra
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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%
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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