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The pension manager at Bloom Town Gardens estimates that retiree benefits of $750,000 per year will be paid starting a year from today. Payments are
The pension manager at Bloom Town Gardens estimates that retiree benefits of $750,000 per year will be paid starting a year from today. Payments are estimated to be made for 20 years. Assuming an 8% interest rate, what is the closest value of the pension obligation as of today? Select one: O A. $7,363,610 B. $2,703,256 C. $2,924,191 O D. $3,158,106 Next page
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