What Is the Present Value of a Payment of $1,000

question 188

Multiple Choice

What is the present value of a payment of $1,000 two years from now if the interest rate is 6%?

• A)$2,000/1.06
• B)$1000/(1.06)²
• C)$1000/(1 + 0.06²)
• D)None of the above are correct.

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Definitions:

Leadership Effectiveness

Leadership effectiveness refers to the extent to which a leader successfully achieves desired outcomes through the direction, motivation, and inspiration of followers.

Leader Behaviours

Actions displayed by someone in a leadership position that influence the motivation, performance, or satisfaction of followers.

Big Five Dimensions

A model outlining five major personality traits: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Extraversion

A personality trait characterized by outgoing, energetic behavior, and enjoying being around other people.