The Future Value of $100 Received Today and Deposited at 6

question 104

Multiple Choice

The future value of $100 received today and deposited at 6 percent for four years is

• A) $126.
• B) $ 79.
• C) $124.
• D) $116.

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Definitions:

Open Innovation

A business model that encourages companies to acquire outside sources of innovation to improve products and reduce costs.

Intrinsic Motivation

The drive to engage in an activity for its inherent satisfaction or pleasure, rather than for some separable consequence or external reward.

Extrinsic Rewards

Extrinsic rewards are benefits provided by an external source, such as money, grades, or praise, which motivate individuals to perform an activity.

Open Innovation

A business model that encourages companies to utilize external as well as internal ideas and paths to market as they look to advance their technology or services.