Professional Documents
Culture Documents
Year 2 1 2 3 4 5 Total
Estimated end payment 7000
Spread over 5 years 1400 1400 1400 1400 1400
Discount rate 14.0%
Present value period 4 3 2 1 0
Current service charge 829 945 1077 1228 1400 5479
Opening balance 0 829 1890 3232 4912
Interest charge 0 116 265 452 688 1521
Closing balance 829 1890 3232 4912 7000 7000
Actuarial difference 193
Year 3 1 2 3 4 5 Total
Estimated end payment 8000
Spread over 5 years 1600 1600 1600 1600 1600
Discount rate 12.0%
Present value period 4 3 2 1 0
Current service charge 1017 1139 1276 1429 1600 6460
Opening balance 0 1017 2278 3827 5714
Interest charge 0 122 273 459 686 1540
Closing balance 1017 2278 3827 5714 8000 8000
Actuarial difference 388
Year 4 1 2 3 4 5 Total
Estimated end payment 6000
Spread over 5 years 1200 1200 1200 1200
Discount rate 10.0%
Present value period 4 3 2 1 0
Current service charge 820 902 992 1091 1200 5004
Opening balance 0 820 1803 2975 4364
Interest charge 0 82 180 298 436 996
Closing balance 820 1803 2975 4364 6000 6000
Actuarial difference -851
Year 5 1 2 3 4 5 Total
Estimated end payment 7500
Spread over 5 years 1500 1500 1500 1500 1500
Discount rate 8.0%
Present value period 4 3 2 1 0
Current service charge 1103 1191 1286 1389 1500 6468
Opening balance 0 1103 2381 3858 5556
Interest charge 0 88 191 309 444 1032
Closing balance 1103 2381 3858 5556 7500 7500
Actuarial difference 1192