Parker is a highly skilled sales person at Byberry,which is a 30-year-old company that has grown sig
Parker is a highly skilled sales person at Byberry,which is a 30-year-old company that has grown significantly interms of revenue and product offerings. It sponsors a pension planthat provides a benefit of 2% times the years of participationtimes the average of the final three years of salary. Parker hasworked for Byberry for the last 30 years and earned $200,000 twoyears ago, $150,000 last year, and $250,000 this year. If he isretiring this year, how much should he expect to receive as apension benefit? a. $200,000. b. $185,000. c. $160,000. d. $120,000. . . .