4
lesson pretestMultiple Choice

Pretest

Question 4 • Mathematics for Data and Financial Literacy

Yair earns $⁢90,000 a year and wants to maintain 75% of his income after retiring. How much should he save if he uses the 4% rule for retirement planning?

Answer
A
67 dollars comma 500
B
1 dollars comma 800 comma 000
C
1 dollars comma 687 comma 500
D
168 dollars comma 750
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Yair earns $⁢90,000 a year and wants to maintain…