Using the Following Partial Table of Present Value of $1

question 124

Multiple Choice

Using the following partial table of present value of $1 at compound interest, determine the present value of $20,000 to be received four years hence, with earnings at the rate of 10% a year:

• A) $13,660
• B) $12,720
• C) $15,840
• D) $10,400

---

Definitions:

Professional Competencies

The combination of skills, knowledge, and attributes required to perform a job effectively in a professional setting.

Brokering

The act of serving as a mediator or intermediary between parties to facilitate a deal, agreement, or information exchange.

Dual Career

Refers to a situation where both partners in a marriage or committed relationship have their own careers and professional aspirations.

Executive Director

The top manager in an organization or agency, responsible for overseeing the entity's daily operations and strategic direction.