What Is the Present Value of a $600 Payment in One

question 45

Multiple Choice

What is the present value of a $600 payment in one year when the discount rate is 8 percent?

• A) $498.61
• B) $525.87
• C) $555.56
• D) $575.09

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Definitions:

Reward Power

The ability to influence others' behavior through the control of valued resources or rewards, a key aspect of leadership and organizational dynamics.

Political Behaviors

Actions by individuals or groups within an organization that are aimed at acquiring, developing, and using power and other resources to obtain one’s preferred outcomes.

Preferred Outcomes

Desired results or goals that individuals or organizations aim to achieve.

Authority Relations

The dynamics and structure of power and control between individuals or groups, particularly in organizational settings.