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Can someone please help with this question? 2. Marcus has been employed by GCD Enterprises for 15 years, and currently earns $60,000 per year. Marcus
Can someone please help with this question?
2. Marcus has been employed by GCD Enterprises for 15 years, and currently earns $60,000 per year. Marcus saves $15,000 per year. He plans to pay off his home at retirement and live debt free. He currently spends $12,000 per year on his mortgage. Taking into consideration the impact of payroll taxes, what do you expect Marcus' wage replacement ratio to be based on the above information? a. 28.41%. b33.02%. 157 c. 47.35%. d. 55.00%. 523 EXCERTStep by Step Solution
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Climate Finance
Authors: Richard B. Stewart, Benedict Kingsbury, Bryce Rudyk
1st Edition
081474138X, 978-0814741382
