You are saving for retirement. to live comfortably, you decide you will need to save $ 1million by the time you are 65.today is your 29 thbirthday, and you decide, starting today and continuing on every birthday up to and including your 65 thbirthday, that you will put the same amount into a savings account. if the interest rate is 8 %,how much must you set aside each year to make sure that you will have $ 1million in the account on your 65 thbirthday?

Afirm that makes electronic circuits has been ordering a certain raw material 250 ounces at a time. the firm estimates that carrying cost is i = 30% per year, and that ordering cost is about $20 per order. the current price of the ingredient is $200 per ounce. the assumptions of the basic eoq model are thought to apply. for what value of annual demand is their action optimal?

Which of the following is likely not a benefit of requiring a grand jury to listen to and examine all of the evidence against a person suspected of committing a serious crime and then independently deciding whether or not to hand down an indictment? 1.the grand jury system provides the accused another safeguard against being sent to trial and facing conviction based on flawed evidence. 2.the members of the grand jury are drawn from the community and are empowered to render independent decisions about whether or not the government has collected enough evidence to bring an individual to trial. 3.the grand jury’s decision can provide prosecutors insight into what is necessary to build a sufficient case if a similar crime is presented later. 4.the grand jury is impaneled to rubber-stamp prosecutors’ cases, which makes it possible for more cases to reach trial.

One of the benefits of a well designed ergonomic work environment is low operating costs is true or false