The Present Value of $10,000 Discounted at 5% Per Year

question 36

Multiple Choice

The present value of $10,000 discounted at 5% per year and received at the end of 5 years is

• A) $10,000/1.25
• B) $10,000(1.05)⁵
• C) $10,000/(1.05)⁵
• D) $10,000 (1.05)^1/5

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Definitions:

Tokenism

The practice of making only a perfunctory or symbolic effort to be inclusive to members of minority groups, especially by recruiting a small number of people from underrepresented groups in order to give the appearance of equality.

Minority Group

A sociological term referring to a category of people differentiated from the social majority, often marked by differences in race, ethnicity, culture, or sexual orientation.

Refugees

Individuals who flee their country due to fear of persecution, conflict, violence, or other circumstances that seriously disturb public order and require international protection.

Tokenism

The practice of making only a perfunctory or symbolic effort to be inclusive to members of minority groups, especially by recruiting a small number of people from underrepresented groups in order to give the appearance of equality within a workforce.