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Please show explanation for the work. Without an explanation, you will receive no credit. 3. Drake has worked for GT for the last 20 years
Please show explanation for the work. Without an explanation, you will receive no credit.
3. Drake has worked for GT for the last 20 years and been a participant in its defined benefit plan. It the last ten years, his salary has increased significantly. Over the last ten years, his compensation was $300,000, $145,000, $200,000, $400,000, $224,000, $240,000, $233,000, $210,000, $150,000, and $290,000, respectively. In 2019, what is the most that he could receive as a pension payment? a. $330,000 b. $288,333 c. $280,000 d. $255,000
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