What Is the Present Value of $9700

question 130

Essay

What is the present value of $9700.00 due at 6.25% p.a. in 89 days?

---

Definitions:

Subordinates

Individuals who are lower in rank or position and are under the direction of someone else in an organization or hierarchy.

Target Feeling

The specific emotion or emotional state one aims to achieve or elicit in a given situation or through a particular action.

Position Power

The authority or influence one holds as a result of their rank or role within an organization.

Personal Power

An individual's capacity to influence others based on personal attributes or skills, rather than formal authority.