Al and sal are twins. al is given a fifteen-year annuity with end-of-year payments. the first payment al receives, precisely one year from the date he is given the annuity, is for $100, and then subsequent payments decrease by 4% annually. sal is given an nyear level annuity that has the same present value as al’s when the present values are calculated using i = 5%. again calculated using i = 5%, the accumulated value at the end of n years of sal’s annuity is $1,626.29. find the common present value of the two annuities and then find n.

The local electronics store is offering a promotion "1-year: same as cash," meaning that you can buy a tv now, and wait a year to pay (with no in

Differentiate between the trait, behavioral, and results-based performance appraisal systems, providing an example where each would be most applicable.

Cadbury has a chocolate factory in dunedin, new zealand. for easter, it makes two kinds of “easter eggs”: milk chocolate and dark chocolate. it cycles between producing milk and dark chocolate eggs. the table below provides data on these two products. demand (lbs per hour) milk: 500 dark: 200 switchover time (minutes) milk: 60 dark: 30 production rate per hour milk: 800 dark: 800 for example, it takes 30 minutes to switch production from milk to dark chocolate. demand for milk chocolate is higher (500lbs per hour versus 200 lbs per hour), but the line produces them at the same rate (when operating): 800 lbs per hour. a : suppose cadbury produces 2,334lbs milk chocolate and 1,652 lbs of dark chocolate in each cycle. what would be the maximum inventory (lbs) of milk chocolate? b : how many lbs of milk and dark chocolate should be produced with each cycle so as to satisfy demand while minimizing inventory?