Some firms have very centralized decision-making policies, while other firms practice a more “shared” decision-making structure. Assume the CEO of the centralized decision-making firm retires without preparing others in the firm to handle the decisions. What will happen to this firm in the short-run? The long-run?

Annuity payments are assumed to come at the end of each payment period (termed an ordinary annuity). however, an exception occurs when the annuity payments come at the beginning of each period (termed an annuity due). what is the future value of a 13-year annuity of $2,800 per period where payments come at the beginning of each period? the interest rate is 9 percent. use appendix c for an approximate answer, but calculate your final answer using the formula and financial calculator methods. to find the future value of an annuity due when using the appendix tables, add 1 to n and subtract 1 from the tabular value. for example, to find the future value of a $100 payment at the beginning of each period for five periods at 10 percent, go to appendix c for n = 6 and i = 10 percent. look up the value of 7.716 and subtract 1 from it for an answer of 6.716 or $671.60 ($100 × 6.716)

:; )write a paragraph of two to three sentences and describe what will happen to a society that does not have a productive workforce?

The five steps to financial success a. five money myths b. five foundations