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Dean has earned $70,250 annually for the past six years working as an architect for WCC Incorporated Under WCC's defined benefit plan (which uses a seven-year graded vesting schedule) employees earn a benefit equal to 4.0 percent of the average of their three highest annual salaries for every full year of service with WCC. Dean has worked for six full years for WCC and his vesting percentage is 80 percent. What is Dean's vested benefit (or annual retirement benefit he has earned so far) ?
General Ability
General ability refers to the overall cognitive capacity of an individual, including elements such as memory, reasoning, problem-solving, and intelligence.
Intelligence
The capacity for absorbing lessons from past encounters, addressing difficulties, and leveraging insight to adapt to fresh scenarios.
Charles Spearman
A psychologist known for his work in statistics and intelligence, including the theory of general intelligence (g factor).
General Intelligence
The theory suggesting the existence of a single, underlying intellectual capacity that influences performance across various cognitive tasks.
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