Question: Ralph earns $ 2 0 0 , 0 0 0 per year at Virtual Reality Solutions LLC , where he has worked for 1 0

Ralph earns $200,000 per year at Virtual Reality Solutions LLC, where he has worked for 10 years. Virtual Reality Solutions sponsors a defined benefit plan equal to 2% per year of service of the employees final compensation. At the current time, what is Ralph's retirement payable from the defined benefit plan?
a.)$40,000 per year
b.)$4,000 per month or $48,000 per year
c.)$20,000 per year
d.)$100,000 per year

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