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Check my work An employer uses a final pay formula to determine retirement payouts to its employees. The annual payout is 8 percent of the

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Check my work An employer uses a final pay formula to determine retirement payouts to its employees. The annual payout is 8 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. 10 points Average Salary during the Last Three Years of Service Years Worked $45,000 52,000 16 19 ook 21 55,000 References Years Worked Annual Benefit 16 19 21 3

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