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Business, 20.12.2019 22:31 vivian2020
Apension plan has promised to pay out $25 million per year over the next 15 years to its employees. actuaries estimate the rate of return on the fund's assets will be 5.50 percent. what amount of pension fund reserves (to the nearest dollar) are needed for the plan to be fully funded?
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Apension plan has promised to pay out $25 million per year over the next 15 years to its employees....
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