The Rate of Return Is 10% and the Cash to Be

question 100

Multiple Choice

The rate of return is 10% and the cash to be received in one year is $25,000.Determine the present value amount, using the following partial table of present value of $1 at compound interest: $$\begin{array} { l c c c } \hline \text { Year } & 6 \% & 10 \% & 12 \% \\\hline 1 & 0.943 & 0.909 & 0.893 \\2 & 0.890 & 0.826 & 0.797 \\3 & 0.840 & 0.751 & 0.712 \\4 & 0.792 & 0.683 & 0.636\end{array}$$

• A) $22,500
• B) $25,000
• C) $27,275
• D) $22,725

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Definitions:

Employee Recognition Programs

Formal organizational programs that publicly recognize and reward employees for specific behaviours.

Behaviour Modelling Training

A method of training that involves observing, learning, and replicating the behavior of a role model to acquire new skills or behaviors.

Service Organizations

Businesses that primarily provide intangible products, such as hospitality, banking, and healthcare, to meet the needs of their customers.

Organizational Behaviour Modification

A systematic approach to influencing and modifying employees' behaviors in the workplace to improve productivity and satisfaction.