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From the following details, compute the total value of human resources of skilled and unskilled group of employees according to Lev and Schwartz (1971) model.

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From the following details, compute the total value of human resources of skilled and unskilled group of employees according to Lev and Schwartz (1971) model. (5 Marks) Skilled Un-Skilled i Annual average earning of an employee till the retirement age. 60,000 40,000 Age of retirement 65 years 62 years mi Discount rate 12.5% 14.5% iv No. of employees in the group 30 40 Average age 56 years 55 years

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