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Business, 05.11.2020 19:20 duckytileboi

XYZ company received the PBO report from the actuary with the following information: PBO (end of 2018): $110,000;
benefits paid to retirees (during 2018): $10,000;
interest cost (during 2018): $8,000;
the discount rate applied: 10%.

Required:
What was the service cost for 2018?

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XYZ company received the PBO report from the actuary with the following information: PBO (end of 20...
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