Examlex
Which of the following is NOT one of the typical methods used by job evaluation committees to determine the worth of a job?
Compound Interest
This refers to the calculation of interest on both the initial amount deposited or borrowed as well as on the interest that has already been accumulated over previous periods.
Desired Rate of Return
The minimum percentage of gain or profit expected by an investor from an investment.
Compound Interest
Interest earning mechanism in which the calculation includes interest on the original principal and on all previously earned interest of a loan or deposit.
Present Value
Present Value is the current worth of a future sum of money or stream of cash flows given a specified rate of return.
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