Even for Nonprofits, Sooner or Later There Will Be No

question 14

Multiple Choice

Even for nonprofits, sooner or later there will be no organization without

• A) ethical standards.
• B) good laws.
• C) the Employee Rule.
• D) customers.
• E) synergy focus.

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Definitions:

Interest Rate

The cost of borrowing money or the return on investment, represented as a percentage of the principal.

Annuities

Financial products that pay out a fixed stream of payments to an individual, primarily used as an income stream for retirees.

Discount Rate

The interest rate charged by central banks on loans they give to commercial banks.

Present Values

The present equivalent of a future money sum or cash flow series, calculated using a particular rate of return.