Question
DSD Corp. has the following salary information for 3 employees: Employee Years Worked Avg. Salary last 3 years of service Career avg. salary Sheila 15
DSD Corp. has the following salary information for 3 employees: Employee Years Worked Avg. Salary last 3 years of service Career avg. salary Sheila 15 $45,000 $40,000 Jake 20 $150,000 $110,000 Bobby 25 $325,000 $200,000 If relevant, the annual payout is 5%, and the annual benefit is $3,000 per year of service. Calculate the annual benefit for each employee assuming Final pay formula
A. Employee Annual Benefit Sheila $33,750 Jake $125,000 Bobby $406,250
B. Employee Annual Benefit Sheila $33,750 Jake $150,000 Bobby $407,250
C. Employee Annual Benefit Sheila $43,750 Jake $150,000 Bobby $406,250
D. Employee Annual Benefit Sheila $33,750 Jake $150,000 Bobby $406,250
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