Dunston Company Will Receive £200,000 in a Future Year

question 43

Multiple Choice

Dunston Company will receive £200,000 in a future year. If the future receipt is discounted at an interest rate of 10%, its present value is £102,632. In how many years is the £200,000 received?

• A) 5 years
• B) 6 years
• C) 7 years
• D) 8 years

Determine how technology and innovation influence supply-chain efficiency and competitive advantage.

Understand the role of logistics and transportation choices in the effectiveness of supply-chain management.

Understand the concept of compound interest and its advantages over simple interest.

Calculate future value of investments using different interest rates and compounding periods.

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Definitions:

Hierarchical Power

A form of power distribution where authority is ranked in levels from the top down, with each level having control over levels below.

Social Roles

The expected behavior patterns attributed to someone occupying a given position in a social unit.

Individualistic Countries

Nations that prioritize the values and rights of the individual over the interests of the group, often emphasizing personal independence and achievement.

Hierarchically Structured

Organized in a way that ranks constituents or elements in levels of importance or authority, often found in organizations, systems, or biological classifications.