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Question 20 (3 points) Soled G's salary has remained constant at $80,000 per year during each of the 4 years she has worked for XYZ

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Question 20 (3 points) Soled G's salary has remained constant at $80,000 per year during each of the 4 years she has worked for XYZ Corporation. XYZ uses a 5-year cliff vesting schedule in their defined benefit plan. As an XYZ employee, XYZ plan provides for a defined benefit pension of 3.5% times average salary (where average salary equals the average salary of the three highest salaried years). What vested benefit does G have so far (that is, how much would she expect to receive each year upon full retirement were she to quit her job now)? Circle the letter corresponding to the best answer. Show your work for partial credit a. $11,200 b. $4,480 c. $0 d. $12,600 e. $5,040

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