has just turned 40, would like to receive annual retirement payments of $35,000 over a 20-year period starting when he is 65 years old. Assume Newman receives his payments at the end of each year. How much Newman must save at the end each year for the next 25 years to achieve his goal if his investment will earn 8% compounded annually

Which of the following is one of the advantages primarily associated with a performance appraisal? (a) it protects employees against discrimination on the basis of race. (b) it motivates employees to work on their shortcomings. (c) it encourages employees to play the role of the whistle-blower. (d) it accurately measures the resources of the firm.