Sara Earned $10,000 at Age 40

question 51

Multiple Choice

Sara earned $10,000 at age 40. Assume that the average national wage when Sara was age 60 is $39,800, and is $15,000 when she was age 40. The indexed value of earnings is:

• A) $26,350.
• B) $27,350.
• C) $26,530.
• D) $25,400.

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