At 50 years old, Margie gets her first job that requires 3% pre-tax income deposits to Social Security. Margie makes $35,000 a y

Question

3 years ago

15

At 50 years old, Margie gets her first job that requires 3% pre-tax income deposits to Social Security. Margie makes $35,000 a y

ear. Assuming she retires at 62, and Social Security offers a 2.5% rate to offset inflation, what will be the balance of Margie's Social Security when she retires?

Mathematics

1 answer:

Vitek1552 [10] · Answer 1 · 2022-05-01T21:22:28+03:00

Vitek1552 [10]3 years ago

4 0

Answer:

$14,847.46

Step-by-step explanation: