The Present Value of $40,000 to Be Received in Two

question 71

Multiple Choice

The present value of $40,000 to be received in two years, at 12% compounded annually, is (rounded to nearest dollar)

• A) $31,888
• B) $48,112
• C) $8,112
• D) $40,000

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Definitions:

Location-Related Competency

Advantages or skills a company gains because of its geographical location.

Cultural Intelligence

The ability to relate to and work effectively across cultures and social contexts.

Functional Excellence

The mastery or high-level proficiency in specific functions or disciplines within an organization that drives superior business performance.

Decentralized Decision

A decision-making process distributed among various levels of an organization, allowing for quicker responses and employee empowerment.