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lesson pretestMultiple Choice

Pretest

Question 1 • Mathematics for Data and Financial Literacy

Journee plans to retire with an annual income of $⁢40,000 , which is 60% of her current salary. According to the 4% rule, what is the minimum amount she should have saved by the time she retires?

Answer
A
24 dollars comma 000
B
1 dollars comma 000 comma 000
C
600 dollars comma 000
D
60 dollars comma 000
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Journee plans to retire with an annual income of…