Answer to Question #254789 in Financial Math for Jenni

Question #254789

Caesar's employer offers a career average benefit with a multiplier of 3.12% times the number of years worked. What will Caesar's annual benefit be if his average earnings for the 10 years that he worked was $45,259?

Expert's answer

"\\$45,259 \\times 3.12\\% \\times 10 = \\$14,120.81"

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