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Case-Based Critical Thinking Questions Case 3-2 Monica is working on a report for her art history class. She is using Microsoft Word for her report so that she can incorporate tables, text, and graphics into one document, but needs suggestions on fine-tuning her report. Monica has included a table in her report to give information on 20 key events. Since the table is text-heavy, Monica wants to make it easier to distinguish between the rows. Monica should use the ____ formatting to make her table easier to read.
Discounted Present Value
The process of determining the present value of a future amount of money or stream of cash flows given a specified rate of return.
Additional Year's Employment
The extension of an employee's service period by one year, often affecting benefits and pension calculations.
ERISA
The Employee Retirement Income Security Act of 1974, a federal law that sets minimum standards for most voluntarily established pension and health plans in private industry to protect individuals in these plans.
Minimum Funding Requirements
Regulated benchmarks that pension plans or other forms of retirement funds must reach to ensure they have sufficient assets to meet future obligations.
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