The annual Social Security benefit is 42% of $50,760. 42% of $50,760 is $21,319.20. So Bob will receive $21,319.20 from his annual Social Security benefit.
This is substitution, it's very simple once you get the hang of it!
okay, what you want to do is plug in the numbers you already have, to get the number you don't have(r).
First, you plug in the numbers.
1. P= $2000
A=$2543
t= 4(years)
r=?
2543=2000^r(4)
Secondly, you want to solve the equation.
I believe the answer is D. $34.43
Do you have answer choices?
V=square root (3/2)/2
Or V=-square root (3/2)/2
