With an accumulated benefit approach, the discount rate includes a general inflation factor.

Name: With an accumulated benefit approach, the discount rate includes a general inflation factor.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

With an accumulated benefit approach, the discount rate includes both an inflation factor and a real interest rate component. The inflation factor represents the expected rate of price increases over time, while the real interest rate component represents the time value of money.

With an Accumulated Benefit Approach, the Discount Rate Includes a General