What Is the Present Value of $575 in a 1

question 167

Multiple Choice

What is the present value of $575 in a 1 year if the current rate of interest is 4 per cent?

• A) $410.71
• B) $552.88
• C) $598
• D) $805

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Definitions:

Team Performance

Refers to the level of efficiency, effectiveness, and productivity with which a group of individuals achieves shared goals.

Cross-functional Team

A cross-functional team is composed of members from different departments or specialties working together towards a common objective.

Diversity

represents the range of different characteristics and attributes among people, including but not limited to race, ethnicity, gender, age, or sexual orientation.

Functional Background

The experience or knowledge a person has in specific areas or fields of work.