If the Present Value of an Ordinary, 4-Year Annuity Is

question 83

Multiple Choice

If the present value of an ordinary, 4-year annuity is $1,000 and interest rates are 6 percent, what is the present value of the same annuity due?

• A) $943.40
• B) $1,000.00
• C) $1,040.00
• D) $1,060.00

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Definitions:

Resistance

The act of opposing or struggling against changes, directives, or influence attempts by others, often resulting in conflict or tension.

Refreezing

The final stage in Lewin's change model where new behaviors or changes are solidified into the organization's culture.

Desired Behaviors

Desired behaviors refer to specific actions or reactions that an organization seeks to encourage or reinforce among its members.

Restraining Forces

Factors that hinder or slow down the process of organizational change, including employee resistance, inadequate resources, and poor communication.