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MissTica
2 years ago
15

Jason is planning on retiring after 25 years of employment. For the last three years he

Mathematics
1 answer:
Flauer [41]2 years ago
5 0

Jason's monthly pension is the product of the final three-year average salary is $32,625. Then the correct option is C.

<h3>What is a monthly pension?</h3>

Jason is planning on retiring after 25 years of employment.

For the last three years he has made $60,000; $56,000; and $58,000.

His employer offers a defined benefit plan in which the annual pension is calculated as the product of the final three-year average salary, the number of years of service, and a 2.25% multiplier.

Then Jason's monthly pension will be

\rm Monthly \ pension  = \dfrac{(60,000+56,000+58,000)}{12}  \times 2.25\\\\Monthly \ pension = 14500 \times 2.25\\\\Monthly \ pension = \$ \ 32,625

More about the monthly pension link is given below.

brainly.com/question/14271336

#SPJ1

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