If the Interest Rate Is 2

question 33

Multiple Choice

If the interest rate is 2.49 percent,then what is the present value of $5,000 to be received in 4 years?

• A)$4,531.52
• B)$4,878.52
• C)$5,124.50
• D)$5,516.91

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Definitions:

Ostracism

The social or professional exclusion of an individual by their peers or organization, often resulting in negative psychological and emotional consequences.

Sarcasm

The use of irony to mock or convey contempt, often characterized by saying the opposite of what is meant to highlight the absurdity of a situation.

Referent Power

A form of interpersonal power that derives from being admired and respected, leading others to identify with the person having power.

Position

An assigned role or location within an organizational structure or context.