The Present Value of $100,000 Two Years in the Future

question 130

Multiple Choice

The present value of $100,000 two years in the future at a 7 percent interest rate is approximately

• A)$114,000.
• B)$97,087.
• C)$8,700.
• D)$87,344.

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Definitions:

Hierarchy of Needs

A motivational theory proposed by Abraham Maslow, outlining five levels of human needs, from basic (physiological) to higher-level (self-actualization), driving behavior to fulfill these needs.

ERG Theory

A motivation theory developed by Clayton Alderfer that categorizes human needs into three categories: Existence, Relatedness, and Growth, modifying Maslow's hierarchy of needs.

Needs Hierarchy Theory

A psychological theory proposing that human needs are arranged in a hierarchy, with basic needs being the most fundamental.

Perceptions of Fairness

Individual judgments about the appropriateness, justness, and equity of an action or decision, often relating to treatment by others.