Asked by Shae

Andrew decides to wait until age 65 to begin receiving Social Security benefits. Find the present value of his estimated $26,000 per year in payment assuming 6% per year and payment until his 90th birthday.
a. $265,263.20
b. $332,3667.36
c. $338,082.42
d. $281.059.48
Answered by Shae
Can you please walk me through this problem.
Answered by yesenia
d 281,059.48
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