document.write( "Question 28989:
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document.write( "On the basis of current legislation, if you earned an average salary of $25,000 over your working life and you retire after the year 2005 at age 62,63, or 64, then your annual Social Security Benefit will be $7000, $7500, or $8000, respectively (Social Security Administration, www.ssa.gov). Write a formula that gives annual benefit as a linear function of age of these three ages. \n" );
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Algebra.Com's Answer #15830 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! You have three pairs of numbers. You only need two to \n" ); document.write( "determine a linear equation. \n" ); document.write( "Points are (62,7000), (63,7500), (64,8000) \n" ); document.write( "Using the 1st two you have a slope of [500/1] \n" ); document.write( "Using x=63, y=7000, m=500 use y=mx+b to find \"b\". \n" ); document.write( "7000=500(63)+b \n" ); document.write( "7000=31500+b \n" ); document.write( "b=-24500 \n" ); document.write( "Your equation is y=500x-24500 \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " |