If the Current Rate of Interest Is 8% APR,then the Present

question 76

Multiple Choice

If the current rate of interest is 8% APR,then the present value of an investment that pays $250 per quarter and lasts 20 years is closest to:

• A)$18,519.
• B)$48,443.
• C)$9936.
• D)$20,000.

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Definitions:

Scientific Management

A management theory developed by F.W. Taylor, emphasizing efficiency and productivity by systematically studying work processes and establishing standards.

Vertical Loading

Vertical Loading is a job design technique that involves adding more responsibilities and decision-making authority to an employee's role.

Overspecialized Work

Work that is highly focused or narrow in scope, potentially limiting a person’s skills and adaptability to other professional areas.

Task Activities

Specific actions or operations performed by individuals or groups to achieve a particular objective.