Following is a table for the present value of $1 at compound interest: 
Following is a table for the present value of an annuity of $1 at compound interest: 
-Using the tables provided, the present value of $8,000 to be received 1 year from today, assuming an earnings rate of 12%, is
Definitions:
Situational Leadership Theory
A theory suggesting that the most effective leadership style varies according to the situation and the development level of the followers.
Leadership Substitutes
Factors in the workplace that reduce the need for a leader or make traditional leadership less necessary.
Path-Goal Leadership Theory
A theory that suggests a leader's behavior is contingent upon the satisfaction, motivation, and performance of their subordinates.
Transformational Leadership
A leadership style that seeks to create significant change in both followers and the organization through vision, inspiration, and challenging the status quo.
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