subject
Business, 09.11.2019 06:31 xjsg

3) the state of confusion wants to change the current retirement policy for state employees. to do so, however, the state must pay the current pension fund members the present value of their promised future payments. there are 240,000 current employees in the state pension fund. the average employee is twenty-two years away from retirement, and the average promised future retirement benefit is $400,000 per employee. if the state has a discount rate of 5% on all its funds, how much money will the state have to pay to the employees before it can start a new pension plan?

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 11:30
You've arrived at the pecan shellers conference—your first networking opportunity. naturally, you're feeling nervous, but to avoid seeming insecure or uncertain, you've decided to a. speak a little louder than you would normally. b. talk on your cell phone as you walk around. c. hold an empowered image of yourself in your mind. d. square your shoulders before entering the room.
Answers: 2
question
Business, 22.06.2019 13:50
Read the following paragraph, and choose the best revision for one of its sentences.dr. blake is retiring at the end of the month. there will be an unoccupied office upon his departure, and it is big in size. because every other office is occupied, we should convert dr. blake’s office into a lounge. it is absolutely essential that this issue is discussed at the next staff meeting. (a) because every other office is occupied, it’s recommended that we should convert dr. blake’s office into a lounge. (b) because every other office is filled, we should convert dr. blake’s office into a lounge.
Answers: 2
question
Business, 22.06.2019 16:00
Winners of the georgia lotto drawing are given the choice of receiving the winning amount divided equally over 2121 years or as a lump-sum cash option amount. the cash option amount is determined by discounting the annual winning payment at 88% over 2121 years. this week the lottery is worth $1616 million to a single winner. what would the cash option payout be?
Answers: 3
question
Business, 22.06.2019 20:00
In william rathje's garbology project that focused on household waste, front door interviews found 15 percent of respondents saying that they consumed beer. the trash discard from the same area showed what percentage of household's consuming beer
Answers: 1
You know the right answer?
3) the state of confusion wants to change the current retirement policy for state employees. to do s...
Questions
question
Mathematics, 01.11.2020 19:20
question
Mathematics, 01.11.2020 19:20
question
Mathematics, 01.11.2020 19:20
question
Computers and Technology, 01.11.2020 19:20
question
Mathematics, 01.11.2020 19:20