What Is the Value Today of $3,600 Received at the End

question 65

Multiple Choice

What is the value today of $3,600 received at the end of each year for eight years if the first payment is paid at the end of Year 4 and the discount rate is 12 percent?

• A)$11,694.21
• B)$12,484.57
• C)$12,729.12
• D)$15,089.23
• E)$14,429.52

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Definitions:

Organizational Goals

The objectives or targets that a company aims to achieve, which guide its strategies and operations.

Employee Attitudes

The feelings and perceptions held by employees towards their work, workplace, and organizational policies and culture.

Effectiveness Surveys

Tools used to assess the efficacy of programs, policies, or interventions in achieving their intended outcomes.

Work Goals

Objectives or targets set by individuals or teams within a workplace intended to guide performance and achievement.