Use the Defined Benefit Excel spreadsheet reviewed in class to answer this question. How much money must the company con
Posted: Mon Apr 25, 2022 8:36 am
Use the Defined Benefit Excel spreadsheet reviewed in class to answer this question. How much money must the company contribute to its pension fund based on the following information: Pension Fund Account Beginning Balance/Required Balance = $1,000,000 Distribution = $650,000 Investment Earnings Rate - 5% O $600,000 $650,000 O $632,500 O $367.500