Present Value What Is the Present Value of a $500

question 62

Multiple Choice

Present Value What is the present value of a $500 payment made in 4 years when the discount rate is 8 percent?

• A)$365.35
• B)$367.51
• C)$460.00
• D)$680.24

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Definitions:

Human Factors Psychology

A branch of psychology concerned with optimizing the interaction between people and products, systems, or environments through the application of psychological principles.

Viewing Work

The act of observing or examining work, typically in the context of assessing, analyzing or enjoying it.

Employee Engagement

The emotional commitment an employee has to their organization and its goals, often resulting in higher productivity.

Transformational Leadership

A style of leadership where the leader works with teams to identify needed change, creating a vision to guide the change through inspiration, and executing the change in tandem with committed members of the group.