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3 years and 5 years it's wrong. Please I need the years. Haley has an annual salary of $1,000,000 in 2019,2020, and 2021. She is
3 years and 5 years it's wrong. Please I need the years.
Haley has an annual salary of $1,000,000 in 2019,2020, and 2021. She is thinking about retiring at the beginning of 2022 atter working for XYZ Corporation and participating in XYZ Corporation's defined benefit plan. If XYZ Corporation's defined beneft plan pays employees 3 percent for every year of service for the average of thelr three highest years of compensation, what is the minimum number of years of service that would maximize Haley's benefit if she were to retire at the beginning of 2022 ? Assuming she worked the minimum number of years to recelve the maximum benefit, what would her annual defined benefit plan payment be in retirement? Note: Round your final answers to the neorest whole dollar amount. Haley has an annual salary of $1,000,000 in 2019,2020 , and 2021. She is thinking about retiri working for XYZ Corporation and participating in XYZ Corporation's defined benefit plan. If XY pays employees 3 percent for every year of service for the average of their three highest year number of years of service that would maximize Haley's benefit if she were to retire at the beg the minimum number of years to receive the maximum benefit, what would her annual defined Note: Round your final answers to the nearest whole dollar amount Step by Step Solution
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