Using the following table, determine the present value of an annuity of $50,0000 to be received at the end of each of five years at 6 percent interest.
Present value of an annuity of $1 at compound interest:
Periods123456789104.0%0.961541.886092.775093.629904.451825.242146.002056.732747.435338.110904.5%0.956941.872672.748963.587534.389985.157875.892706.595897.268797.912725.0%0.952381.859412.723253.545954.329485.075695.786376.463217.107827.721735.5%0.947871.846322.697933.505154.270284.995535.682976.334576.952207.537636.0%0.943401.833392.673013.465114.212364.917325.582386.209796.801697.360096.5%0.938971.820632.648483.425804.155684.841015.484526.088756.656107.188837.0%0.934581.808022.624323.387214.100204.766545.389295.971306.515237.0235810.%0.909091.735542.486853.169873.790794.355264.868425.334935.759026.1445711.0%0.900901.712522.443713.102453.695904.230544.712205.146125.537055.8892312.0%0.892861.690052.401833.037353.604784.111414.563764.967645.328255.6502213.0%0.884961.668102.361152.974473.517233.997554.422614.798775.131665.42624
Grasp the stages of team development and their characteristics.
Know the difference between team level and team diversity.
Understand the dynamics and composition of effective teams.
Identify the characteristics and purposes of different types of teams.
Team Training
A process aimed at enhancing the efficiency, understanding, and skills of a group of people working together towards common objectives.
Individually
This term refers to something done by a single person or entity, without the involvement of others, highlighting actions or decisions made independently.
Teams
Groups of individuals working collaboratively towards a common goal or project, characterized by roles, interdependence, and collective responsibility.
Groups
Collections of two or more individuals who interact and identify with one another and are recognized by themselves or others as a distinct entity.