Assuming an Interest Rate of 10%,the Present Value of $40,000

question 145

Multiple Choice

Assuming an interest rate of 10%,the present value of $40,000 to be received 8 years from now would be closest to:

• A)$15,440.
• B)$16,960.
• C)$18,680.
• D)$85,760.

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Definitions:

Rare Job Skills

Rare job skills are unique or uncommon abilities that are highly valued in the job market and often lead to competitive advantages for those who possess them.

Work Attitude

The feelings and perceptions that an employee has towards their work, influencing their motivation and job performance.

Employee Referrals

A recruitment strategy where current employees recommend prospective candidates for positions within the organization.

Reverse Discrimination Policies

Policies implemented to prevent discrimination against majority groups, often as a counteraction to traditional affirmative action measures.