(compound value) the aggarwal corporation needs to save $13 million to retire a $13 million mortgage that matures in 13 years. to retire this mortgage, the company plans to put a fixed amount into an account at the end of each year for 13 years, with the first payment occurring at the end of 1 year. the aggarwal corporation expects to earn 13 percent annually on the money in this account. what equal annual contribution must it make to this account to accumulate the $ 13 million in 13 years? in order to retire a $13 million mortgage that matures in 13 years, what equal end-of-year contribution must the aggarwal corporation make to an account that earns 13 percent annually?

When paul o’neill joined alcoa as ceo, he set a , that there would be zero workplace accidents. a lot of people in the organization thought this was impossible given how dangerous some aluminum-manufacturing jobs are, but alcoa’s safety record improved tremendously. as the board of governors of the american red cross considers planning, one option is to make strategic plans and then direct managers to align tactical and operational plans accordingly. another option is to have planning specialists managers across the organization make their own plans. why might this organization’s executives opt for the latter approach? check all that apply. (a) the environment is a dynamic one, and department and frontline managers can come up with more responsive plans than can central leadership. (b)resources will be better coordinated across the organization in support of the overall strategy.(c) senior leadership will have more control over the organization’s direction. (d)when managers come up with their own plans, they are likely to be more committed to following through on them.