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

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Definitions:

Personnel Psychologist

A type of psychologist who focuses on issues related to the workplace, including employee selection, training, and performance.

Interview Questions

Inquiries posed by an interviewer during an interview, designed to gather information about an interviewee's experience, skills, and personality.

Work Positions

Various occupational roles or job titles within a workplace, each with specific duties and responsibilities.

Unstructured Interviews

A qualitative research method where questions are not prearranged, allowing for a free-flowing and open conversation.