Business, 23.03.2021 01:40 brrodriguez8oz5wvf

At the beginning of 2019, changing economic conditions caused the actuary to reassess the applicable discount rate. It was decided that 8% is the appropriate rate. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Required: Calculate the effect of the change in the assumed discount rate on the PBO at the beginning of 2019 with respect to Davenport. (Do not round intermediate calculations. Round your final answer to nearest whole dollar.)

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