What Present Amount Is Equivalent to $100 Received at the End

question 47

Multiple Choice

What present amount is equivalent to $100 received at the end of each year for 8 years, given an opportunity cost of 20%?

• A)$361.90
• B)$432.20
• C)$383.72
• D)$407.80
• E)419.30

Understand the characteristics and purposes of formal and informal groups in organizations.

Identify the stages of group development and the features of each stage.

Recognize the impact of group dynamics on individual behavior and group performance.

Understand the role and effect of leadership styles on group development and performance.

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Definitions:

Anterograde Amnesia

A condition in which a person is unable to form new memories following the onset of amnesia, although memories from before the onset may remain intact.

Hippocampus

A crucial part of the brain involved in memory formation and spatial navigation.

Receny Effect

The tendency to remember and give greater importance to the most recently presented information over older information.

Primacy Effect

A cognitive phenomenon where items or information presented first are remembered better than those presented later.