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OpenStudy (anonymous):
can you help me please? ill fan and medal!!(: Melanie’s employer uses a formula to calculate the pension. A retiring employee will receive 3% of their average salary for the last five years of employment for every year worked. Melanie is planning on retiring at the end of this year after 20 years of employment. Melanie would receive this amount each year until her death. Her salaries for the last five years are $27,900, $29,200, $31,400, $34,000, and $34,900. Calculate her pension a. 15,555 b. 19,999 c. 18,888 d. 17,777
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OpenStudy (anonymous):
@hartnn
OpenStudy (anonymous):
@josedavid
OpenStudy (anonymous):
I believe the answer is C. First I calculated the average of the five numbers, then took 3% of it and multiplied it by 20.
OpenStudy (anonymous):
awesome thank you!!
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