Answer:
Annual benefit (for 23 year) = $69,000
Annual benefit (for 26 year) = $78,000
Annual benefit (for 28 year) = $84,000
Step-by-step explanation:
Given:
Annual benefit = $3,000
Number of year = 23, 26, 28
Find:
Annual benefit (for 23 year)
Annual benefit (for 26 year)
Annual benefit (for 28 year)
Computation:
Annual benefit (for 23 year) = 23 x 3,000
Annual benefit (for 23 year) = $69,000
Annual benefit (for 26 year) = 26 x 3,000
Annual benefit (for 26 year) = $78,000
Annual benefit (for 28 year) = 28 x 3,000
Annual benefit (for 28 year) = $84,000