What Is the Present Value of a Payment of $100

question 70

Multiple Choice

What is the present value of a payment of $100 to be made one year from today if the interest rate is 5 percent?

• A)$105.26
• B)$105.00
• C)$95.24
• D)$95.00

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Definitions:

Group Cohesion

The degree to which members of a group are bonded together and committed to achieving common goals.

Constructive Criticism

Feedback provided in a positive way with the intention of improving someone's behavior, work, or performance.

Peripheral Route

A method of persuasion that involves indirect cues, such as the attractiveness or credibility of the source, rather than direct argumentation on the topic itself.

Persuasion

Intentional effort to change other people’s attitudes in order to change their behavior.