The Present Value of $1,000 to Be Received at the End

question 4

Multiple Choice

The present value of $1,000 to be received at the end of five years, if the discount rate is 10%, is

• A) $621.
• B) $784.
• C) $614.
• D) $500.

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Definitions:

Customer Satisfaction

A measure of how well a product or service meets or surpasses the customer's expectations.

Behavioral Measure

An assessment method that evaluates and records the actions and behaviors of individuals in specific situations.

Salesperson Performance

The evaluation of a salesperson's effectiveness in achieving sales goals and customer satisfaction.

Input-Related Objectives

Goals that are specifically related to the resources, information, or materials required to complete a task or project.