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If Your Average Preretirement Earnings Were $30,000 Per Year,your Highest

Question 28

Multiple Choice

If your average preretirement earnings were $30,000 per year,your highest preretirement earnings were $90,000 per year,and you receive $20,000 per year in retirement benefits,what is the replacement rate?


A) 16.67%
B) 22.22%
C) 33.33%
D) 66.67%

Correct Answer:

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