10. Allie Maxudy wishes to retire in 25 years. She has decided that she should be able to invest $5,000 per year in quarterly installments in her retirement fund. If she makes the quarterly payments at the beginning of each year, and can earn an annual percentage rate of 8 percent on her money, how much will she have at the time of her retirement?

Zara, a global retail and apparel manufacturer based in spain that has successfully implemented this idea by having a continuous flow of new products that are typically limited in supply. zara has created a system that draws its clientèle into its stores, on average, 17 times per year as compared to 4 times per year for most stores. how is zara using it to gain competitive advantage? what specific technologies are used by zara to maintain this advantage over its competition?