If the One-Year Discount Factor Is Equal to 0

question 90

Multiple Choice

If the one-year discount factor is equal to 0.90909,the interest must be equal to:

• A)5.0%
• B)9.1%
• C)9.5%
• D)10.0%
• E)10.5%

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Definitions:

Self-leadership

A process whereby individuals influence themselves to achieve self-direction and self-motivation required to perform tasks.

Empowerment

The process of giving individuals or groups the authority, confidence, and means to increase their control over their own lives or work.

Job Rotation

The practice of periodically moving employees between different tasks or jobs to reduce monotony and develop a wider range of skills.

Job Enrichment

The process of making a job more rewarding, challenging, and interesting by adding tasks that increase the job's motivational factors.