What Is the Present Value (PV)of $50,000 Received 20 Years

question 55

Multiple Choice

What is the present value (PV) of $50,000 received 20 years from now,assuming the interest rate is 4% per year?

• A)$5,242.88
• B)$10,000.00
• C)$22,819.35
• D)$40,000.00

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Definitions:

Nonmonetary Rewards

Benefits offered to employees or customers that do not involve direct payments, such as recognition, awards, or flexible working conditions.

Salesforce Turnovers

The rate at which employees in a company's sales department leave and are replaced over a certain period.

Sales Quota

A specific sales target set for a marketing or sales team or individual within a certain time frame to motivate performance.

Specific Goals

Clearly defined, measurable, and achievable objectives that a person or organization aims to accomplish within a set timeframe.