Calculate the Discount Factor for $1

question 14

Multiple Choice

Calculate the discount factor for $1.00 received at the end of one year, assuming a 12% discount rate.

• A).80
• B).95
• C).87
• D).89

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Definitions:

Early Career

The initial stage of an individual's professional life, often characterized by learning, skill development, and exploration of career paths.

Boundaryless Career

A career path that is not confined to a single organization and involves moving between jobs, sectors, or industries.

Self-Directed "Free Agents"

Pertains to individuals who manage their careers independently, often working on a contractual or freelance basis rather than through permanent employment.

Retiree

An individual who has concluded their professional or working career and has transitioned out of the workforce, often due to age or personal choice.