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Business Math/Annuities. 15. Sanchez is eligible to receive retirement benefits of $901.01 at age 65, but decides to start receiving them when he turns 60

Business Math/Annuities. 15. Sanchez is eligible to receive retirement benefits of $901.01 at age 65, but decides to start receiving them when he turns 60 instead. This incurs a 36% penalty on his ben...

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