What Is the Present Value (PV)of $80,000 Received Ten Years

question 7

Multiple Choice

What is the present value (PV) of $80,000 received ten years from now,assuming the interest rate is 5% per year?

• A)$38,422.76
• B)$40,000.00
• C)$49,113.06
• D)$76,000.00

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Definitions:

Five Practices

A set of leadership behaviors or practices aimed at achieving positive organizational outcomes, though the specifics can vary depending on the model or theory.

Leadership

The action of leading a group of people or an organization, involving guiding, directing, and influencing others towards achieving common goals.

Kouzes And Posner

A duo renowned for their research and writings on leadership, particularly the Leadership Practices Inventory and the Five Practices of Exemplary Leadership model.

Charismatic Leadership

A leadership style characterized by an individual's ability to inspire and motivate followers through their personal charm and persuasive communication.