The pension manager at Coronado Town Gardens estimates that retiree benefits of $790000 per year will be

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The pension manager at Coronado Town Gardens estimates that retiree benefits of $790000 per year will be paid starting 12 years from today. Payments are estimated to be made for 20 years. Assuming an 6% interest rate.

What is the closest value of the pension obligation today?

Related Book For answer-question

Introduction to Governmental and Not for Profit Accounting

ISBN: 978-0132776011

7th edition

Authors: Martin Ives, Terry K. Patton, Suesan R. Patton

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Posted Date: Jul 18, 2023 01:15 AM

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The pension manager at Coronado Town Gardens estimates that retiree benefits of $790000 per year will be

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Introduction to Governmental and Not for Profit Accounting

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