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By cutting away identical squares from each corner of a rectangular piece of cardboard and folding up the resulting flaps, an open box may be made. If the cardboard is 8 in. long and 3 in. wide, find the dimensions of the box that will yield the maximum volume.
Postemployment Benefits
Benefits, including pension plans and healthcare, that an employee is entitled to upon retirement or termination of service.
Actuarial Information
Data and analysis provided by actuaries, involved in assessing risks and uncertainties, particularly in the insurance and finance industries.
Pension Fund
A pool of funds accumulated from contributions to provide retirement benefits to employees.
Interest Rate
The percentage of a loan amount charged by the lender to the borrower for the use of money, expressed as a yearly rate.
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