With an Interest Rate of 6 Percent,the Present Value of $100

question 66

Multiple Choice

With an interest rate of 6 percent,the present value of $100 next year is approximately

• A) $106.
• B) $100.
• C) $94.
• D) $92.

---

Definitions:

Mechanistic Organizations

Highly structured, hierarchical companies with centralized decision-making and strict rules and procedures.

Centralized Organizations

Organizations where decision-making authority is concentrated at higher levels of management, leading to a more controlled and uniform operational approach.

Decentralized Organizations

Organizations where the decision-making authority is distributed among various levels rather than being concentrated at a single point.

Decision Making

The cognitive process of selecting a course of action from among multiple alternatives.