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#fourteen A company has a pension liability of $490,000,000 that it must pay in 27 in years. If it can earn an annual interest rate

#fourteen

A company has a pension liability of $490,000,000 that it must pay in 27 in years. If it can earn an annual interest rate of 4.5 percent, how much must it deposit today to fund this liability?

$121,515,046.67

$47,537,100.25

$142,869,639.05

$131,245,676.31

$149,298,772.80

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