Why do you think that since states began using lower interest rates to calculate discounted present values
Question:
Why do you think that since states began using lower interest rates to calculate discounted present values of future promised payments, the total extent of underfunding of states’ pension systems rose from 15 percent to 28 percent?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (4 reviews)
The interest rate is inversely related to the present value when the interest rate r...View the full answer
Answered By
Tobias sifuna
I am an individual who possesses a unique set of skills and qualities that make me well-suited for content and academic writing. I have a strong writing ability, allowing me to communicate ideas and arguments in a clear, concise, and effective manner. My writing is backed by extensive research skills, enabling me to gather information from credible sources to support my arguments. I also have critical thinking skills, which allow me to analyze information, draw informed conclusions, and present my arguments in a logical and convincing manner. Additionally, I have an eye for detail and the ability to carefully proofread my work, ensuring that it is free of errors and that all sources are properly cited. Time management skills are another key strength that allow me to meet deadlines and prioritize tasks effectively. Communication skills, including the ability to collaborate with others, including editors, peer reviewers, and subject matter experts, are also important qualities that I have. I am also adaptable, capable of writing on a variety of topics and adjusting my writing style and tone to meet the needs of different audiences and projects. Lastly, I am driven by a passion for writing, which continually drives me to improve my skills and produce high-quality work.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Miller Energy, Incorporated was a thinly traded, penny stock, oil and gas company headquartered in Knoxville, TN. Miller won a competitive bid to purchase assets of a company filing for bankruptcy...
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
You are an analyst with Perception Partners and have been asked to make pricing recommendations regarding the acquisition of Rose Garden Apartments. This project was built five years ago and contains...
-
1. Consider the linear system Ax = b (all integer values) with the notation shown below, 1 -3 -1 -2 - H 5 7 - 2261x11 X2 -4 3 9 16x3 615 LX4- = A X b The element a24 = a has been lost. Assume,...
-
The purchases journal for Crystal View Window Cleaners Inc. is shown below. The accounts payable account has a January 1, 2012, balance of $365 of an amount due from Little Co. There were no payments...
-
A cooking pan whose inner diameter is 20 cm is filled with water and covered with a 4-kg lid. If the local atmospheric pressure is 101 kPa, determine the temperature at which the water starts boiling...
-
How many forms of main() are there?
-
On May 3, 2012, Eisler Company consigned 80 freezers, costing $500 each, to Remmers Company. The cost of shipping the freezers amounted to $840 and was paid by Eisler Company. On December 30, 2012, a...
-
What do you mean by Hardware Software Interface? Give a concrete example. Define the two principle integrity rules for the relational model. Discuss why it is desirable to enforce these rules.
-
Suppose a firm has fixed costs of $200 per month, and marginal costs are represented by the equation MC =2Q, where Q is output per month (i.e. marginal cost is a positively sloped straight line). The...
-
When you contemplate the purchase of bonds with your savings, how do the rate of inflation and your marginal income tax rate enter into your decision making?
-
An individual leaves a college faculty, where she was earning $80,000 a year, to begin a new venture. She invests her savings of $20,000, which were earning 10 percent annually. She then spends...
-
Contrast the roles of advertising and public relations in promoting a firm and its products.
-
Description du problme In this programming assignment, you will implement a data clustering algorithm named DBSCAN - Density-Based Spatial Clustering of Applications with Noise. Given a large set of...
-
You work as a tax preparer for a small accounting firm in Ottawa. You are currently preparing the 2021 tax returns for the Hale family: Randy Diane Joshua 50 years old 48 years old 19 years old...
-
Stony Brook Corp. recently paid an annual $15 per share dividend. From the recently approved patent, this company's net profits will grow at 20% in the next 2 years, and at 5% in the third year and...
-
What values will the following code segment add to the list box? for (int x = 1; x <3; x++) { outputListBox.Items.Add(x); for (int y = 1; y < 3; y++) { } } outputListBox.Items.Add(y);
-
Can you use the Web, research any topic or issue from Chapter 15 ( Foundations of Marketing, Loose-leaf Version William M. Pride) and submit back your findings in 3 paragrap? Image transcription text...
-
Recent balance sheet information for two companies in the food industry, H.J. Heinz Company and The Hershey Company, is as follows (in thousands of dollars): a. Determine the ratio of liabilities to...
-
What do you think?
-
Suppose that after his back injury in 2008, Manny sent his mother and brother a notice indicating his intent to withdraw from the partnership. Can he still be held liable for the debt to Als Feed...
-
Daniel is the owner of a chain of shoe stores. He hires Rubya to be the manager of a new store, which is to open in Grand Rapids, Michigan. Daniel, by written contract, agrees to pay Rubya a monthly...
-
Daniel is the owner of a chain of shoe stores. He hires Rubya to be the manager of a new store, which is to open in Grand Rapids, Michigan. Daniel, by written contract, agrees to pay Rubya a monthly...
-
What role do historical and comparative analyses play in uncovering the underlying mechanisms and contingencies that have shaped the evolution of social structures across different societies and...
-
Seemore Lens Company (SLC) sells contact lenses FOB destination. For the year ended December31, the company reported Inventory of $86,000 and Cost of Goods Sold of $452,000. Included in Inventory...
-
If the percentage change in net income changes faster than the percentage change in revenues, what is happening in the business?
Study smarter with the SolutionInn App