Sonya is an employee of Gardner Technology and will retire at the end of the current year after 8 years of service. Under Gardner's pension plan she can retire at 60% of the average of her three highest consecutive years' salary. Her average for the highest consecutive years' salary was $30,000. What is the maximum amount Sonya can receive from Gardner's pension plan?
A)$6,000
B)$14,400
C)$18,000
D)$24,000
E)$30,000

Question

Quizplus · Accepted Answer

Sonya's pension will be 60% of her average salary for her three highest consecutive years, which is $30,000. Therefore, her maximum pension will be $30,000 x 0.60 = $18,000.

Sonya Is an Employee of Gardner Technology and Will Retire