Problema Solution
Mrs. Brown has been working for 28 years. her pension is calculated on the average of her last 3 years' salaries where she earned $38,592, $37,590, $37,010. Her employer will give her 1.8% of that average for each year she worked. calculate her pension
Answer provided by our tutors
The average on the last 3 salaries $38,592, $37,590, $37,010 is
(38,592 + 37,590 + 37,010)/3 = 113192 / 3
0.018 * (113192 / 3) * 28 (her employer will give her 1.8% of that average for each year she worked)
0.018 * (113192 / 3) * 28 = $19,016.256
The pension will be $19,016.256.