3 years ago

John was born in 1951 and has been contributing to his own retirement plan as well as

Mathematics

1 answer:

Tju [1.3M]3 years ago

3 0

Answer:

$\boxed{\text{b. \$1845 a month}}$

Step-by-step explanation:

Amount if retired at 66 = $2460/mo

Less 25 % = 0.25 × 2460 = <u> -615 </u>

Amount if retired at 62 = $1845/mo

John would receive $\boxed{\text{\$1845/mo}}$ if he retired at 62.

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