Mathematics, 16.12.2021 14:00 courtnicollee

According to the U. S. Census Bureau, in May 2017, the average American couple has only $5,000 in savings. And only 33% of Americans are saving in a retirement account. Compare this with mainland Chinese who save over 50%. If the average American
couple should save $1.3 million for retirement, how much has been saved on average to date? (Round to the nearest hundredth
percent.)

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According to the U. S. Census Bureau, in May 2017, the average American couple has only $5,000 in sa...