subject
Business, 04.02.2020 05:40 zykia1002

Oregon co.'s employees are eligible for retirement with benefits at the end of the year in which both age 60 is attained and they have completed 35 years of service. the benefits provide 15 years reimbursement for health care services of $20,000 annually, beginning one year from the date of retirement.

ralph young was hired at the beginning of 1977 by oregon after turning age 22 and is expected to retire at the end of 2020 (age 60). the discount rate is 4%. the plan is unfunded.
the pv of an ordinary annuity of $1 where n = 15 and i = 4% is 11.11839.
the pv of $1 where n = 2 and i = 4% is 0.92456.

with respect to ralph, what is the service cost to be included in oregon's 2018 postretirement benefit expense, rounded to the nearest dollar?

a. $3,544.
b. $20,000.
c. $5,272.
d. $6,365.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 03:00
Compare the sources of consumer credit 1. consumers use a prearranged loan using special checks 2. consumers use cards with no interest and non -revolving balances 3. consumers pay off debt and credit is automatically renewed 4. consumers take out a loan with a repayment date and have a specific purpose a. travel and entertainment credit b. revolving check credit c. closed-end credit d. revolving credit
Answers: 1
question
Business, 22.06.2019 05:00
One question from a survey was "how many credit cards do you currently have? " the results of the survey are provided. complete parts (a) through (g) below. click the icon to view the survey results. (a) determine the mean number of credit cards based on the raw data. the mean is 3.113.11 credit cards. (type an integer or a decimal. do not round.) (b) determine the standard deviation number of credit cards based on the raw data. the standard deviation is 1.9111.911 credit cards. (round to three decimal places as needed.) (c) determine a probability distribution for the random variable, x, the number of credit cards issued to an individual. x (# of cards) p(x) x (# of cards) p(x) 1 0.280.28 6 nothing 2 nothing 7 nothing 3 nothing 8 nothing 4 nothing 9 nothing 5 nothing 10 nothing (type integers or decimals. do not round.)
Answers: 2
question
Business, 22.06.2019 06:10
Amanda works as an industrial designer
Answers: 1
question
Business, 22.06.2019 21:40
Which of the following is one of the main causes of inflation? a. wages drop so workers have to spend a higher percentage of income on necessities. b. demand drops and forces producers to charge more to meet their costs. c. rising unemployment cuts into national income. d. consumers demand goods faster than they can be supplied.
Answers: 3
You know the right answer?
Oregon co.'s employees are eligible for retirement with benefits at the end of the year in which bot...
Questions
question
Chemistry, 04.02.2020 03:51
Questions on the website: 13722367