Question:
Linear equation for the annual benefit in terms of age
1. If you earned an average of $25,000 over your working life and you retire after 2005 at age 62, 63, or 64, then your annual Social Security benefit will be $7,000, $7500, or $8000 respectively (www.ssa.gov). There is a linear equation that gives the annual benefit b in terms of age a for these three years. Find the equation.