Question
Number of retired individuals 100 Average annual amount to be paid out, per retiree, for retirement plus health care benefits $45,000 The average life expectancy
Number of retired individuals 100 Average annual amount to be paid out, per retiree, for retirement plus health care benefits $45,000 The average life expectancy of retirees currently receiving benefits is 20 years Discount rate to be used to calculate the present value 4% What is the present value of the expected future post-retirement payouts?
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Management and Cost Accounting
Authors: Alnoor Bhimani, Charles T. Horngren, Srikant M. Datar, Madhav V. Rajan
6th edition
1292063467, 978-1292063461
