A Generous Benefactor to a Local Ballet Plans to Make

question 19

Multiple Choice

A generous benefactor to a local ballet plans to make a one-time endowment that would provide the ballet with $150,000 per year into perpetuity. The rate of interest is expected to be 5 percent for all future time periods. How large must the endowment be?

• A) $ 300,000
• B) $3,000,000
• C) $ 750,000
• D) $1,428,571

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Job Satisfaction

The level of contentment or happiness that an individual feels towards their job, influenced by various factors such as work environment, salary, and task variety.

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A set of discretionary workplace behaviors that go beyond the basic requirements of the job, such as helping others and being involved in voluntary activities that benefit the organization.

Withdrawal

The action of removing oneself from participation or involvement in a particular activity, situation, or group.

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