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Please help. E Connect r E] https eztomheducationcom '- AF'ei'fm'inante EMail berry Home N Blackboard a tie Email in linkedln Indeed Thrift Savings Plan Gongle

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E Connect r E] https eztomheducationcom '- AF'ei'fm'inante EMail berry Home N Blackboard a tie Email in linkedln Indeed Thrift Savings Plan Gongle '- Otheriavorites Chapter 17 0 Saved Help Saves. Exit Submit 8 A Sachs Brands's defined benet pension plan species annual retirement benefits equal to 1.4% x service years x nal year's salary, payable at the end of each year. Angela Davenport was hired by Sachs at the beginning of2007 and is expected to retire at the end of 2041 after 35 years' service. Her retirement is expected to span 18 years. Davenport's salary is $91000 at the end of 2021 and the 2 company's actuary projects her salary to be $315900 at retirement. The actuary's discount rate is 7%. (FV of $1. PV of $1, FVA of $1. poims PVA of $1. FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Required: 939\" 1. What is the company's projected benefit obligation at the beginning of 2021 (aer 14 years' service) with respect to Davenport? (Do PM not round intermediate calculations. Round your nal answer to the nearest whole dollar.) 2. Estimate by the projected benefis approach the portion of Davenport's annual retirement payments attributable to 2021 service. 3. What is the company's service cost for 2021 with respect to Davenport? (Do not round intermediate calculations. Round your nal answer to the nearest whole dollar.) 4. What is the company's interest cost for 2021 with respect to Davenport? (Do not round intermediate calculations. Round your final answer to the nearest whole dollar.) 5. Combine your answers to requirements 1, 3. and 4 to determine the company's projected benefit obligation at the end of 2021 (aer 15 years' service) with respect to Davenport. (Do not round intermediate calculations. Round your final answer to the nearest whole dollar.) Project benet oblig atlon Annual retirement payments Servrce cost interest cost macaw.- Projected benet obligation ( Prev 8 or 10 Next >

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