Your father's employer was just acquired, and he was given a severance payment of $523,000, which he invested at an 8.0% annual rate. he now plans to retire, and he wants to withdraw $50,000 at the beginning of each year, starting at the beginning of this year. how many years will it take to exhaust his funds, i. e., run the account down to zero?

Which of the following is a problem for the production of public goods?

Seattle bank’s start-up division establishes new branch banks. each branch opens with three tellers. total teller cost per branch is $96,000 per year. the three tellers combined can process up to 90,000 customer transactions per year. if a branch does not attain a volume of at least 60,000 transactions during its first year of operations, it is closed. if the demand for services exceeds 90,000 transactions, an additional teller is hired and the branch is transferred from the start-up division to regular operations. required what is the relevant range of activity for new branch banks

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