Determine the maximum annual benefits payable to a participant from a defined benefit plan in the following independent situations:
Definitions:
Hemoglobin
A protein in red blood cells that carries oxygen from the lungs to the rest of the body and returns carbon dioxide back to the lungs to be exhaled.
Carbon Dioxide
A colorless, odorless gas produced by burning carbon and organic compounds and by respiration. It is naturally present in air and is absorbed by plants in photosynthesis.
Bicarbonate Ions
Ions that act as a buffer in bodily fluids to maintain pH balance and are involved in the carbon dioxide transport and delivery system.
Carbonic Acid
A weak acid formed in solution when carbon dioxide is dissolved in water, playing a significant role in the carbon cycle and respiratory gas exchange.
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