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The pension manager at Crane Town Gardens estimates that retiree benefits of $740000 per year will be paid starting 12 years from today. Payments are

The pension manager at Crane Town Gardens estimates that retiree benefits of $740000 per year will be paid starting 12 years from today. Payments are estimated to be made for 20 years. Assuming an 6% interest rate, what is the closest value of the pension obligation today? $4471257 $8487738 $1633284 O $4283894
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The pension manager at Crane Town Gardens estimates that retiree benefits of $740000 per year will be paid starting 12 years from today. Payments are estimated to be made for 20 years. Assuming an 6% interest rate, what is the closest value of the pension obligation today? $4471257 $8487738 $1633284 $4283894

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