What Is the Discount Factor for $1 to Be Received

question 109

Multiple Choice

What is the discount factor for $1 to be received in 5 years at a discount rate of 8%?

• A) .4693
• B) .5500
• C) .6000
• D).6806

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Definitions:

Acquired Needs Theory

a psychological theory that suggests human needs are developed over time based on life experiences.

Motivator-hygiene Theory

A theory stating that certain factors in the workplace cause job satisfaction (motivators), while a separate set of factors cause dissatisfaction (hygiene factors).

Hygiene Factors

Factors associated with job dissatisfaction, such as salary, company policies, and working conditions, according to Herzberg's Two-Factor Theory.

Motivator Factors

Elements in a job environment, such as recognition and opportunities for personal growth, that can significantly increase employee satisfaction and motivation.