The Present Value of $2,000 to Be Received Nine Years

question 1

True/False

The present value of $2,000 to be received nine years from today at 8% interest compounded annually is $1,000.
Calculation: $2,000 x 0.5002 = $1,000.

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Definitions:

Human Resource Information System

A software or online solution used to collect, store, manage, and interpret data related to an organization's human resource operations.

Change Process

The methodical approach to transitioning individuals, teams, and organizations from a current state to a desired future state.

HR Planning

Strategic process of forecasting an organization's future human resource needs and planning for how to meet those needs.

Radical Organizational Change

Substantial and fundamental transformations within an organization that affect its structures, processes, and culture.