Help Please help with this question and provide formulas. thanks. HR...

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Please help with this question and provide formulas. thanks.

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HR has yearly pension payments to make and goes to management to request a lump sum that will satisfy this liability stream. Assuming a lump sum can be invested today at an interest rate of 4%, how much must be invested today to satisfy this liability stream? Years from Now Liability (in MS) Rate PV 1 3.0 4.0% ($45.08) 2 3.5 3 4.5 4 5.6 5 7.2 Lump Sum Total

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