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Author Question: Phil has a defined-benefit plan that pays him a pension of two percent of his average best three ... (Read 160 times)

londonang

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Phil has a defined-benefit plan that pays him a pension of two percent of his average best three years' earnings. His earnings are as follows: 2008, ; 2009, ; 2010, ; 2011, ; 2012, ; 2013, ; 2014, $75 000. What will be his annual pension benefit if he was with Plastis Co. for 22 years?
$31 240
$28 789
$30 360
$16 224


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Marked as best answer by londonang on Nov 11, 2019

djpooyouma

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londonang

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Reply 2 on: Nov 11, 2019
YES! Correct, THANKS for helping me on my review


bulacsom

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Reply 3 on: Yesterday
Gracias!

 

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