Roy Is Going to Receive a Payment of $5,000 One

question 98

Multiple Choice

Roy is going to receive a payment of $5,000 one year from today. He earns an average of 6% on his investments. What is the present value of this payment?

• A) $4,717
• B) $4,821
• C) $5,000
• D) $5,300

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Definitions:

HR Manager

A Human Resources Manager oversees the administrative functions of an organization related to employment, compensation, labor relations, and employee relations.

Manager/Employee Ratio

The proportion of managers to non-managerial employees in an organization, indicating supervisory density.

Undercoverage

A sampling bias that occurs when some members of the population are inadequately represented in the sample.

Consumer Agency

An organization or body that represents the interests of consumers, often involved in regulation, information dissemination, and advocacy.