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define the term pension
A pension is a fixed sum to be paid regularly to a person, typically following retirement from service.
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Asked 4/19/2014 2:39:35 PM
Updated 4/19/2014 2:57:04 PM
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A pension is a fixed sum to be paid regularly to a person, typically following retirement from service.
Added 4/19/2014 2:57:04 PM
This answer has been confirmed as correct and helpful.
Confirmed by alfred123 [4/19/2014 2:57:36 PM]
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Questions asked by the same visitor
what is a pension
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Updated 4/19/2014 3:00:50 PM
1 Answer/Comment

A PENSION is a retirement account that an employer maintains to give you a fixed payout when you retire.

Added 4/19/2014 3:00:50 PM
This answer has been confirmed as correct and helpful.
May currently has a balance of $1,817.43 on her credit card. If she must make a minimum monthly payment of 3.44% of her total balance, what is her minimum payment, to the nearest cent? a. $5.21 b. $62.52 c. $40.84 d. $51.49
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Updated 4/21/2014 10:40:25 PM
1 Answer/Comment
Her minimum monthly payment should be $62.52
1817.43 * .0344 = 62.52
Added 4/21/2014 10:40:25 PM
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