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Howard's has a defined benefit plan that provides employees a benefit of 1% per year of service times the employee's final compensation.If Howard earns $300,000
Howard's has a defined benefit plan that provides employees a benefit of 1% per year of service times the employee's final compensation.If Howard earns $300,000 his final year and he's worked for the company for 20 years, what would his annual retirement benefit be?
- 275000
- 60000
- 210000
- 55000
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