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9.) Calculate the interest cost associated with the PBO for 2017 using the following information. Write the answer on the cover sheet. $ FACTS: The
9.) 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 15 2.0% S 88,000
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