An employer uses a final pay formula to determine retirement payouts to its employees. The annual payout is 3 percent of the average salary over the employees' last three years of service times the total years employed. Calculate the annual benefit under the following scenarios. Years Worked 21 24 26 Average Salary during the Last Three Years of Service $58,000 65,000 68,000 Annual Benefit Years Worked 21 24 26 An employer uses a final pay formula to determine retirement payouts to its employees. The annual payout is 3 percent of the average salary over the employees' last three years of service times the total years employed. Calculate the annual benefit under the following scenarios. Years Worked 21 24 26 Average Salary during the Last Three Years of Service $58,000 65,000 68,000 Annual Benefit Years Worked 21 24 26