You're trying to save to buy a new $195,000 Ferrari. You have $45,000 today that can be invested at your bank. The bank pays a 5.3 percent annual interest on its accounts. How long will it be before you have enough to buy the car?

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You operate a small advertising agency. you employ two secretaries, a graphic designer, three sales representatives, and an office coordinator. 1. what types of things would you consider when determining how to compensate each position? describe two (2) considerations. 2. what type of compensation plan would you use for each position?