A pension plan promises to pay $75,000 at the end of each year for 25 years of the retirement period.
Requirements:
Compute the funds required to fund this pension plan at the start of the retirement period assuming:
a.discount rate of 5%; or
b.discount rate of 4%.

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The Answer of A pension plan promises to pay $75,000 at the end of each year for 25 years of the retirement period.
Requirements:
Compute the funds required to fund this pension plan at the start of the retirement period assuming:
a.discount rate of 5%; or
b.discount rate of 4%.

A Pension Plan Promises to Pay $75,000 at the End