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Worldatwork Exam T7 Topic 2 Question 66 Discussion

Actual exam question for Worldatwork's T7 exam
Question #: 66
Topic #: 2
[All T7 Questions]

Company XYZ has a group of six employees who will be retiring in four years -- on the 31st of December. Each retiree will receive $125,000. Company XYZ's accountants must make provisions in their accounts for this. Calculate the present value of future payments based on a discount rate of 10%.

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