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Business, 17.06.2021 19:40 elisahr5633
Henry has a defined benefit plan that promises an annual retirement benefit based on 2% of his final 5-year average annual salary for each year of service. At retirement, Henry has 21 years of service and had an average salary of $95,000 over the last 5 years. His annual benefit will be:a. $15,200. b. $95,000. c. $60,500. d. $49,875. e. $39,900.
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