You Will Receive a $100,000 Inheritance in 20 Years

question 214

Multiple Choice

You will receive a $100,000 inheritance in 20 years. You can invest that money today at 6% compounded annually. What is the present value of your inheritance?

• A) $27,491.53
• B) $29,767.15
• C) $31,180.47
• D) $35,492.34
• E) $100,000.00

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Definitions:

Core Values

Underlying beliefs shared by members of the organisation that influence their behaviour.

Working Relationships

Interactions and connections between colleagues within a workplace that are based on the organizational context, which may influence collaboration, communication, and overall workplace atmosphere.

Implementation

The process of putting a plan, decision, or agreement into effect.

Organisation Chart

An organisation chart describes the arrangement of work positions within an organisation.