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John who is not married, has been employed by Phone Services, Inc for 13 years, and currently ears $135,000 per year. John saves $20.000 per

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John who is not married, has been employed by Phone Services, Inc for 13 years, and currently ears $135,000 per year. John saves $20.000 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 What do you expect John's wage replacement ratio to be based on the above information? a 69% b 76% C 85% d 919

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