As a retiring employee, you'll receive 1.01% of your average salary from the last five years you worked with your company.
You plan to retire after 36 years with the company.
Your salaries for your last five years are:
$180,699
$90,404
$146,579
$83,468
$86,280
Calculate your annual retirement salary.
(make sure to round your answer to 2 decimal places - do NOT include a $ or commas in your answer)