If You Are to Receive a Payment of $200 at the End

question 5

Multiple Choice

If you are to receive a payment of $200 at the end of the first year and a payment of $250 at the end of the second year and the market interest rate is 5 percent, the present value of this income stream is

• A)$400.37
• B)$417.23
• C)$450.00
• D)$475.37
• E)$490.13

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Definitions:

Human Resources Information System (HRIS)

A comprehensive across-the-board software system for HRM that includes subsystems or modules.

Common Database

A shared, centralized repository of data accessible to multiple users or systems.

Relational Databases

A kind of database designed to store and allow access to data points that have relationships with each other.

Commercial Software

Software developed and sold for profit, typically offering extensive customer support and regular updates.