3 By the numbers . Using the information on the web site for the Social Security Administration,...
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3 By the numbers . Using the information on the web site for the Social Security Administration, calculate the monthly benefi t for a worker who has 35 years of covered employment at an average wage of
(a) $1,500;
(b) $3,000;
(c) $7,500. What percentage of earnings are replaced in each case?
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