The Present Value of $200 to Be Received 10 Years

question 8

Multiple Choice

The present value of $200 to be received 10 years from today, assuming an opportunity cost of 10 percent, is ________.

• A) $518
• B) $200
• C) $77
• D) $50

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Definitions:

Herzberg's Motivation-Maintenance Theory

A theory suggesting there are two factors that influence an employee's motivation and satisfaction: motivators and hygiene factors.

Grit

A psychological trait based on an individual's passion for a particular long-term goal coupled with a powerful motivation to achieve their respective objective.

Characteristics

Traits or attributes that distinguish individuals, objects, or phenomena from each other.

Behaviors

Observable actions, responses, or conduct of an individual or group.