Stanley-morgan industries adopted a defined benefit pension plan on april 12, 2016. the provisions of the plan were not made retroactive to prior years. a local bank, engaged as trustee for the plan assets, expects plan assets to earn a 10% rate of return. a consulting firm, engaged as actuary, recommends 6% as the appropriate discount rate. the service cost is $150,000 for 2016 and $200,000 for 2017. year-end funding is $160,000 for 2016 and $170,000 for 2017. required: calculate each of the following amounts as of both december 31, 2016, and december 31, 2017: (enter you answers in thousands (i. e., 200,000 should be entered as 1. projected benefit obligation 2. plan assets 3. pension expense 4. net pension asset/liability

answer; is the sum of all individual demands curves;

the definition of a small business is an independently owned and operated company that is limited in size and in revenue depending on the industry. a local bakery that employs 10 people is an example of a small business. a manufacturing facility that employees less than 500 people is an example of a small business.

of the three mortgage options that demarco and tanya have to choose from, the balloon payment mortgage would be their best option, over adjustable payment and fixed payment plans.ultimately, the balloon payment plan would save demarco and tanya overall, in interest, would cost less monthly, and they would only have to make these payments for 8 years, opposing to 30 years for adjustable or fixed payment plans. 

overall, demarco and tanya would save $80,811 if they chose balloon payments over fixed payments, and would save $116,711 if they choose balloon payments over adjustable payments. benefits with choosing fixed payments over adjustable payments is that, in the end, the payments will still be $836.30 a month, while with adjustable payments, the initial monthly payments will be $763.38 to $1082.70 a month, ultimately leading to a more costly purchase. benefits with choosing fixed payments over balloon payments are not present. benefits in choosing adjustable payments over is that it has a lower interest rate, and starts with lower monthly payments initially. benefits in choosing adjustable payments over balloon payments include a lower interest rate, and lower initial monthly payments. benefits in choosing balloon payments over fixed payments include lower interest rates, lower overall price, lower monthly payments, takes less time to pay off, and does not require a downpayment. benefits in choosing balloon payments over adjustable payments include, lower monthly payments (when averaged), takes less time to pay off, and lower overall price.

hence, option c, balloon payments, is the best option for demarco and tanya to make this purchase, for it will save them a minimum of $80811, and a maximum of $116,711.