In 2012 the maximum Social Security deposit by an individual was
$8,386.75. Suppose you are 30 and make a deposit of this amount
into an account at the end of each year. How much would you have
(to the nearest dollar) when you retire if the account pays 3%
compounded annually and you retire at age 65?
$
In 2012 the maximum Social Security deposit by an individual was $8,386.75. Suppose you are 30...