Mathematics, 21.04.2021 17:20 Thelazysandwich
Mrs chambers is 62 years old and plans to retire. over her life she earned an average of $2,500 per month after adjusting for inflation the formula for calculating the full monthly social security benefits is 90% of the first $680 earned the 32% of the earnings over $680 what will her monthly benefit be if her full retirement benefit is reduced by 30% for retiring at 62 years old
a. $1,194.40
b. $994.40
c.$836.08
d.$358.32
Answers: 2
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Mrs chambers is 62 years old and plans to retire. over her life she earned an average of $2,500 per...
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