What Is the Present Value of $1,800 to Be Received

question 43

Multiple Choice

What is the present value of $1,800 to be received in 1 year when the discount rate is 9.5% p.a.?

• A)$1,643.84
• B)$1,501.22
• C)$1,487.60
• D)$1,636.36

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Definitions:

Profit-Sharing Plan

A company program that gives employees a share in the profits of the company, typically based on its yearly or quarterly earnings.

Line Managers

Supervisors or managers who have direct responsibility over a particular line of business, department, or team within an organization.

Program Strategies

Planned actions or series of actions aimed at achieving specific goals within a program.

Anniversary Dates

Specific dates that mark the yearly recurrence of significant events, such as weddings, company founding, or personal achievements.