Find the Present Value of the Future Value

question 101

Multiple Choice

Find the present value of the future value.
-$6000, invested for 4 years at 3% compounded monthly

• A) $6751.97
• B) $6763.97
• C) $5334.32
• D) $5322.32

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Definitions:

Decentralized

Decentralized refers to the distribution of functions, powers, people or things away from a central location or authority, often seen in organizations to enhance agility and decision-making.

Self-Managing Teams

Groups of employees tasked with organizing and controlling their own work without direct supervision, responsible for planning, execution, and monitoring their tasks.

Establishment Of Legitimacy

The process through which an entity gains acceptance, recognition, and justification within a system or community.

Management Practices

The actions, strategies, and methods employed by managers to lead their teams and achieve organizational objectives.