document.write( "Question 166600: If you earned an average of $25,000 over your working life and you retire after 2005 at the age of 62,63,64, then your annual social security benefit will be $7,000, $7,500 or $8,000, respectively(ssa.gov). There is a linear equation that gives the annual benefit B in terms of the age A for these three years. Find the Equation \n" ); document.write( "
Algebra.Com's Answer #122782 by gonzo(654)![]() ![]() ![]() You can put this solution on YOUR website! the equation relating benefits to age would be: \n" ); document.write( "B = 7000 + 500*(x-62) \n" ); document.write( "plotting value for x and y, you get \n" ); document.write( "x = 62, x-62 = 0, B = 7000 + 500*0 = 7000. \n" ); document.write( "x = 63, x-62 = 1, B = 7000 + 500*1 = 7500. \n" ); document.write( "x = 64, x-62 = 2, B = 7000 + 500*2 = 8000. \n" ); document.write( "----- \n" ); document.write( "a graph of this equation would look like this: \n" ); document.write( "look below the graph for more comments. \n" ); document.write( " \n" ); document.write( "----- \n" ); document.write( "when x = 0, age is 62. \n" ); document.write( "when x = 1, age is 63. \n" ); document.write( "when x = 3, age is 64. \n" ); document.write( "----- \n" ); document.write( "when y = 7, benefit is 7000. \n" ); document.write( "when y = 7.5, benefit is 7500. \n" ); document.write( "when y = 8, benefit is 8000. \n" ); document.write( "----- \n" ); document.write( "this graph should have started at 0 but i couldn't do that without the labeling of the x and y axis getting screwed up. \n" ); document.write( "----- \n" ); document.write( "labeling of the x-axis coordinates and the y-axis coordinates would also normally be changed to the correct value but i couldn't do that here. \n" ); document.write( "----- \n" ); document.write( " |