assume that Social Security promises your $46,000 per year starting when you retire 45 years from today the first $46,000 will get paid 45 years from now if your discount rate is 7% compounded annually a.m. and you plan to live for 12 years after retiring what is the value today of Social Security 's promise?

Question Asume that Social Security promise you 546.000 per year starting when you red years from today the first 506.000 will get paid 45 years from now your discount.compounded, and you plan to 12 years after retiring (hat you will receive a total of 13 payments including the first on what is the value today of Social Security promise? The value today of Social Security's promis Round to the nearescent)