A company has a pension liability of $430,000,000 that it must pay in 28 in...
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Finance
A company has a pension liability of $430,000,000 that it must pay in 28 in years. If it can earn an annual interest rate of 3.8 percent, how much must it deposit today to fund this liability?
Multiple Choice
$55,285,852.71
$132,284,152.61
$145,795,863.94
$122,062,226.83
$151,336,106.77
ou need to have $20,000 for a down payment on a house 4 in years. If you can earn an annual interest rate of 3.1 percent, how much will you have to deposit today?
Multiple Choice
$17,168.67
$17,361.65
$17,700.90
$17,162.00
$16,151.74
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