What Is the Present Value of a Payment of $100

question 187

Multiple Choice

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

• A)$95.50
• B)$95.24
• C)$95.00
• D)None of the above are correct to the nearest cent.

---

Definitions:

Matrix Structure

An organizational design that combines functional and project-based departments, allowing for flexibility and more dynamic team compositions.

Functional Chimneys Problem

Refers to the challenges of organizational silos where departments or units operate in isolation, leading to inefficiencies and lack of cooperation.

Decision Making

The method of recognizing and selecting options according to the decision-maker's values, preferences, and convictions.

Cooperation

The process of groups of organisms working or acting together for common, mutual, or some underlying benefit, as opposed to working in competition for selfish benefit.