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Maestro Superannuation Plan Provides the Following Information Relating to the Period

Question 48

Multiple Choice

Maestro Superannuation Plan provides the following information relating to the period ended 30 June 2004:
Maestro Superannuation Plan provides the following information relating to the period ended 30 June 2004: The actuarial assumption used to calculate the liability was that the individual would take the benefit as a lump sum on retirement in 9 years' time. What is the present value of the expected future benefit payment (rounded to the nearest dollar) ? A) $153,894 B) $182,673 C) $141,423 D) $39,907 E) None of the given answers.
The actuarial assumption used to calculate the liability was that the individual would take the benefit as a lump sum on retirement in 9 years' time. What is the present value of the expected future benefit payment (rounded to the nearest dollar) ?


A) $153,894
B) $182,673
C) $141,423
D) $39,907
E) None of the given answers.

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