It is estimated that you will pay about $80 comma 00080,000 into the social security system (FICA) over your 4040-year work s
pan. For simplicity, assume this is an annuity of $2 comma 0002,000 per year, starting a year from today with your 2626th birthday and continuing through your 6565th birthday (your last annual contribution is on your 6565th birthday) . a. What is the future equivalent worth of your social security savings when you retire at age 6565 if the government's interest rate is 88% per year? b. What annual withdrawal can you make if you expect to live 2525 years in retirement? Let i =88% per year.