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defined benefit pension plan has expected payouts of $5 million per year over the next 30 years. The fund can be expected to earn an

defined benefit pension plan has expected payouts of

$5

million per year over the next 30 years. The fund can be expected to earn an average of

6%

on its assets. It currently has\ eserves of

$65

million. The fund is underfunded by about

$

\ million. (Round your final answer to 2 decimal places.)

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defined benefit pension plan has expected payouts of $5 million per year over the next 30 years. The fund can be expected to earn an average of 6% on its assets. It currently has serves of $65 million. The fund is underfunded by about $ million. (Round your final answer to 2 decimal places.)

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