What will she receive the first month of delayed retirement, Financial Management

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What will she receive the first month of delayed retirement

Mary was born in June of 1953. She plans on delaying retirement until she turns 70. If her projected full retirement monthly PIA is $1,980, what will she receive the first month of delayed retirement benefit? For purposes of the calculation, ignore any potential cost-of-living increases to the projected PIA.

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Financial Management: What will she receive the first month of delayed retirement

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