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2.) Calculate the interest cost associated with the PBO for 2017 using the following information. Write the answer on the cover sheet. FACTS: The company
2.) Calculate the interest cost associated with the PBO for 2017 using the following information. Write the answer on the cover sheet. FACTS: The company has a defined benefit plan Harry's salary at the end of 2016 Retirement expected after Retirement period is expected to be Interest Rate 44,000 30 20 3.0% years of service years Benefits are calculated as a formula as the product of: Service already provided Percentage Final year's salary is projected to be
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