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Assume that Social Security promises you $ $38,000 per year starting when you retire 45 years from today(the first $ $38,000 will get paid 45

Assume that Social Security promises you $ $38,000 per year starting when you retire 45 years from today(the first $ $38,000 will get paid 45 years fromnow). If your discount rate is 10 %, compoundedannually, and you plan to live for 18 years after retiring(so that you will receive a total of 19 payments including the firstone), what is the value today of SocialSecurity's promise

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