A Business Can Either Receive £200 Now or an Agreed

question 1

Multiple Choice

A business can either receive £200 now or an agreed amount in two years' time. If the business requires a return of 12% on sums invested, what is the minimum amount the business should agree to receive in two years' time?

• A) £224
• B) £251
• C) £159
• D) £179

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Definitions:

Resistance

The opposition or pushback by individuals or groups towards proposals, changes, or authoritative decisions within organizations.

Compliance

The act of adhering to rules, standards, or laws, often within regulatory, policy, or organizational contexts.

Adherence

Maintaining loyalty or commitment to a plan, decision, or instruction, especially in the context of health, policies, or personal goals.

Commitment

The psychological attachment and loyalty an individual feels towards an organization, cause, or goal.