Below Is a Table for the Present Value of $1

question 64

Multiple Choice

Below is a table for the present value of $1 at compound interest.
Using the tables above, what is the present value of $3,000 (rounded to the nearest dollar) to be received at the end of each of the next 4 years, assuming an earnings rate of 12%?

• A) $10,815
• B) $7,206
• C) $9,111
• D) $1,908

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Definitions:

Stereotyping

Involves assigning generalized attributes, beliefs, or behaviors to members of a group based on their membership in that group.

Intolerance

The inability or unwillingness to accept and respect differing views, beliefs, or practices.

Participative Leadership

A leadership style characterized by involving team members in decision-making processes and valuing their input.

Power Distance

A cultural dimension that describes the extent to which less powerful members of organizations and institutions accept and expect power to be distributed unequally.