What Is the Present Value (PV)of $100,000 Received Five Years

question 42

Multiple Choice

What is the present value (PV) of $100,000 received five years from now,assuming the interest rate is 8% per year?

• A)$60,000.00
• B)$68,058.32
• C)$73,502.99
• D)$82,609.42

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Definitions:

Co-leadership

A leadership approach where two or more individuals share the role of leading an organization or a team.

Group Phenomenon

Events, behaviors, or dynamics that occur as a result of the interactions and relationships within a group of people.

Leader-follower Relationships

The dynamics, communication, and behavior between leaders and their followers, shaping the effectiveness of leadership.

Norm of Reciprocity

A social norm that expects individuals to help those who have helped them, fostering cooperative and mutually beneficial relationships.