What Amount Received at the End of 20-Years Is Equivalent

question 189

Multiple Choice

What amount received at the end of 20-years is equivalent to $100 today, given an interest rate of 14%?

• A)$87,346
• B)$1,152
• C)$1,638
• D)$1.374
• E)$91,029

---

Definitions:

Employer's Policy

A set of guidelines and rules established by an employer to outline expectations and regulate employee behavior and work conditions.

Constructive Feedback

Information provided to an individual or group that is intended to help them recognize opportunities for improvement and encourage development.

Based on Trust

Relationships or systems that operate efficiently and effectively due to mutual confidence and belief in each other's integrity and abilities.

Non-verbal Communication

The transmission of messages or signals through a non-linguistic means, such as facial expressions, body language, and gestures.