Assume the Current Interest Rate Is 20

question 77

Multiple Choice

Assume the current interest rate is 20%. The present value of $900 in one year would be

• A) $180.
• B) $450.
• C) $750.
• D) $1,080.

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Definitions:

Shadow IT

Technology implemented by end-users without receiving proper approvals from the organizational IT department.

BYOD

"Bring Your Own Device," a policy allowing employees to use their personal mobile devices for work purposes, including accessing company information and applications.

ERP

Enterprise Resource Planning, a type of software that organizations use to manage day-to-day business activities such as accounting, procurement, project management, and manufacturing.

Custom-Write

A method or process tailored to create or generate content according to specific requirements or needs.