Stanley's debt to town bank is past due. town bank obtains a judgment against stanley to collect the debt, but he refuses to pay. town bank asks the court to order stanley's employer to pay a portion of his paycheck to the bank. this is a request fora. an order of garnishment. b. a writ of attachment. c. a mechanic's lien. d. an order that would violate most state laws.

Arnold rossiter is a 40-year-old employee of the barrington company who will retire at age 60 and expects to live to age 75. the firm has promised a retirement income of $20,000 at the end of each year following retirement until death. the firm's pension fund is expected to earn 7 percent annually on its assets and the firm uses 7% to discount pension benefits. what is barrington's annual pension contribution to the nearest dollar for mr. rossiter? (assume certainty and end-of-year cash flows.)