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C Learn Finish attempt Time 141:39 Question 44 Marted out of too P Flag question Stanley has earned $60,000 annually for the past five years
C Learn Finish attempt Time 141:39 Question 44 Marted out of too P Flag question Stanley has earned $60,000 annually for the past five years working as an architect for ABC Inc. Under ABC's defined benefit plan (which uses a seven-year graded vesting schedule) employees earn a benefit equal to 3.0 percent of the average of their three highest annual salaries for every full year of service with ABC. Stanley has worked for four full years for ABC and his vesting percentage is 40% percent. What is Stanley's vested benefit for annual retirement benefit he has earned so far? Answer: Previous page Next page 508 ZOOM Online Lecture 12:30 - 1:45
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