If the Present Value of $500 to Be Received in One

question 14

Multiple Choice

If the present value of $500 to be received in one year is $463,the interest rate is

• A)5 percent per year.
• B)8 percent per year.
• C)10 percent per year.
• D)20.8 percent per year.
• E)37 percent per year.

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Definitions:

Hierarchical Structure

An organizational form that arranges jobs and responsibilities in a graded series, with clear lines of authority and command.

Expatriate's Success

The achievement and effectiveness of an individual who lives and works outside their native country in meeting their and the organization's goals.

Strategic Goals

Long-term objectives that an organization aims to achieve, which guide its overall direction and decision-making processes.

Geocentric Staffing Model

A staffing approach used by multinational companies where the best employees, regardless of nationality, are appointed to positions worldwide.