The Present Value of a Future Payment to Be Received

question 73

Multiple Choice

The present value of a future payment to be received in three years is $1,000.If the interest rate is 5%,what is the amount that will be paid in three years?

• A)$1,150.00
• B)$1,157.63
• C)$1,215.51
• D)$1,250.00

---

Definitions:

Communicate Emotion

The process of expressing or conveying feelings and emotional states to others.

Organizational Identity

The shared beliefs and values that define what an organization stands for and how it perceives itself.

Personalities

The amalgamation of traits and qualities that create a person's unique character.

Organizational Managers

Individuals responsible for planning, directing, and overseeing the operations and fiscal health of a business unit, division, department, or an operating unit within an organization.