Which one is the correct answer above?
1 answer:
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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
More about the monthly pension link is given below.
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