Examlex

Solved

Which of the Following Statements Are Correct Concerning Present Value

question 125

Multiple Choice

Which of the following statements are correct concerning present value?
I. The present value interest factor for a single sum is always equal to or less than 1.
II. The lower the discount rate for a given year, the smaller the present value interest factor.
III. The further in time, the smaller the present value interest factor.
IV. The present value is equal to the future value only when the stated interest rate is 1%.


Definitions:

Job Sharing

An alternative work pattern in which more than one person occupies a single job.

Labor Pool

The supply of available workers in a particular region or industry.

Demographic

Statistical data relating to the population and particular groups within it, often considered for purposes of market analysis, policy making, and sociological research.

Four-Day Workweek

A work schedule that allows employees to complete their usual working hours in four days instead of five, aimed at improving work-life balance.

Related Questions