Present and Future Value Tables of $1 at 9% Are

question 24

Multiple Choice

Present and future value tables of $1 at 9% are presented below.

-How much must be invested now at 9% interest to accumulate to $10,000 in five years?

• A) $9,176.
• B) $6,499.
• C) $5,500.
• D) $5,960.

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Definitions:

Refreezing

The phase in the change process where new behaviors, values, and attitudes are solidified as the new status quo.

Force Field Analysis

A management technique developed by Kurt Lewin, used to identify all the forces for and against a decision or a change, helping to visualize and analyze the situation for better decision-making.

Refreezing

Involves reinforcing, stabilizing, and solidifying the new state after a change has been made, as part of Lewin's three-stage model of change.

Process Forces

The driving and restraining forces that influence the implementation and development of processes within an organization or system.