What Is the Present Value of $300 Received at the Beginning

question 5

Multiple Choice

What is the present value of $300 received at the beginning of each year for five years? Assume that the first payment is not received until the beginning of the third year (thus the last payment is received at the beginning of the seventh year) .Use a 10% discount rate,and round your answer to the nearest $100.

• A)$1,100
• B)$1,000
• C)$900
• D)$1,200

Understand the characteristics and development of organizational vision.

Identify strategies and approaches for implementing major organizational changes.

Recognize the stages and models in the process of organizational change.

Understand the concept of learning organizations and strategies for fostering them.