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Business, 17.10.2019 03:30 livigrace6866

At a labor day family reunion, your uncle sidney learned that you are taking a course in engineering economic analysis. uncle sid has been working as a skilled machinist for ford motor company since 1992. at the reunion, he was curious about a couple of things: a) he is thinking about ‘early’ retirement at age 62 (today is his 55th birthday), at which time he’ll receive a monthly social security check for $800. alternatively, he can wait until age 65 to start receiving monthly ss checks for $1,000. if you consider that his personal marr is ½%/mo/mo, how old will your uncle be when both ss plans are equally desirable to him

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At a labor day family reunion, your uncle sidney learned that you are taking a course in engineering...

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