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# A certain Social Security recipient will receive an annual

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Joined: 30 Mar 2007
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A certain Social Security recipient will receive an annual [#permalink]  31 May 2007, 08:48
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A certain Social Security recipient will receive an annual benefit of $12,000 provided he has annual earnings of$9,360 or less, but the benefit will be reduced by $1 for every$3 of annual earnings over $9,360. What amount of total annual earnings would result in a 50 percent reduction in the recipient's annual Social Security benefit? (Assume Social Security benefits are not counted as part of annual earnings.) (A)$15,360

(B) $17,360 (C)$18,000

(D) $21,360 (E)$27,360
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Joined: 08 Jun 2005
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Annual benefit $12,000 50% reduction =$6000

$6000 = 6000*$1 (one dollar less for 3$more) 9360 + 6000*$3 = 27,360\$

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