Information as of 1/1/2012: Standard Premium Funding Target $100,000,000Actuarial (market) value of assets before reflecting contributions receivable 76,000,000Funding standard carryover balance 2,000,000Prefunding balance 0Contributions paid during 2012:Date paid Amount For plan year3/31/2012 $800,000 20114/15/2012 1,000,000 20127/15/2012 1,000,000 20129/15/2012 4,500,000 201110/15/2012 1,000,000 2012Effective interest rates:Plan year 2011 6.25% Plan year 2012 5.50% The plan administrator has not made an election to use the Alternative Premium Funding Target.In what range is the PBGC Variable-rate premium for 2012?
A)Less than $150,000
B)$150,000 but less than $160,000
C)$160,000 but less than $170,000
D)$170,000 but less than $180,000
E)$180,000 or more

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The Answer of Information as of 1/1/2012: Standard Premium Funding Target $100,000,000Actuarial (market) value of assets before reflecting contributions receivable 76,000,000Funding standard carryover balance 2,000,000Prefunding balance 0Contributions paid during 2012:Date paid Amount For plan year3/31/2012 $800,000 20114/15/2012 1,000,000 20127/15/2012 1,000,000 20129/15/2012 4,500,000 201110/15/2012 1,000,000 2012Effective interest rates:Plan year 2011 6.25% Plan year 2012 5.50% The plan administrator has not made an election to use the Alternative Premium Funding Target.In what range is the PBGC Variable-rate premium for 2012?
A)Less than $150,000
B)$150,000 but less than $160,000
C)$160,000 but less than $170,000
D)$170,000 but less than $180,000
E)$180,000 or more

Information as of 1/1/2012: Standard Premium Funding Target $100,000,000Actuarial (Market)