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?

In business,what would be the input, conversion and output of operating a summer band camp

Acompany that makes shopping carts for supermarkets and other stores recently purchased some new equipment that reduces the labor content of the jobs needed to produce the shopping carts. prior to buying the new equipment, the company used 6 workers, who produced an average of 79 carts per hour. workers receive $16 per hour, and machine coast was $49 per hour. with the new equipment, it was possible to transfer one of the workers to another department, and equipment cost increased by $11 per hour while output increased by four carts per hour. a) compute the multifactor productivity (mfp) (labor plus equipment) under the prior to buying the new equipment. the mfp (carts/$) = (round to 4 decimal places). b) compute the productivity changes between the prior to and after buying the new equipment. the productivity growth = % (round to 2 decimal places)

The following are budgeted data: january february march sales in units 16,200 22,400 19,200 production in units 19,200 20,200 18,700 one pound of material is required for each finished unit. the inventory of materials at the end of each month should equal 20% of the following month's production needs. purchases of raw materials for february would be budgeted to be: