What Is the Present Value of a Payment of $200

question 327

Multiple Choice

What is the present value of a payment of $200 to be made one year from today if the interest rate is 10 percent?
A) $180

• A) $180
• A) $220
• B) $181.82
• D) $222.22

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Definitions:

Prospective Co-Workers

Individuals who are being considered or evaluated for potential employment within an organization or team.

Validity

The characteristic of scores on a selection device that have a demonstrated correlation with future job performance.

Future Job Performance

The expected level of an employee's work efficiency and effectiveness in future tasks and responsibilities.

Selection Device

Tools or processes used to assess and choose the most suitable candidates for a job or task.