Assume the Actuary Estimates the Net Cost of Providing Health

question 32

Multiple Choice

Assume the actuary estimates the net cost of providing health care benefits to a particular employee during his retirement years to have a present value of $60,000. If the benefits relate to an estimated 25 years of service and five of those years have been completed:

• A) The EPBO would be $12,000.
• B) The EPBO would be $8,400.
• C) The APBO would be $8,400.
• D) The APBO would be $12,000.

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A rise in the fees charged by educational institutions for enrollment and instruction.

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A system of assigning numbers or categories to entities to represent quantities or qualities of attributes.

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Categories of music characterized by similarities in form, style, or subject matter.

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