Which of the following decisions would involve the use of the present value of $1?
A) Your brother buys your car and offers to pay you $500 per year for three years or $1,500 in two years.
B) You win a lawsuit and are offered a lump-sum payment today of $100,000 or $15,000 a year for 20 years.
C) Your father and mother wish to deposit enough money on the date of your high school graduation to enable you to take a $7,000 cruise when you graduate from college in 4 years.
D) You want to have $1,000,000 in order to retire at age 55, but need to know how much you will need to deposit each year from now until your 55th birthday.
Answer: C
You might also like to view...
Which of the following indorsements would be considered a nonrestrictive indorsement?
A) pay to the order of Jane Doe B) pay to Jane Doe only C) for deposit only D) pay to Jane Doe, trustee
Due to the retirements of the KLH consulting company's founder-managers, Bri, a long-time employee has recently been promoted to CEO. KLH is an IT consultancy that specializes in installing and servicing computerized network systems for small-to-medium size businesses, but KLH has recently experienced declining sales, missed deadlines, increasing costs, and the departures of many fellow long-term employees. What steps could Bri take to change a culture that is out of step with the company's strategy?
What will be an ideal response?
Data communications is a special case of telecommunications, where only ones and zeroes are exchanged
a. True b. False
What should leaders first assess in order to apply the Situational Leadership model?
A. the historical behavior patterns of a leader and follower B. the readiness level of a follower relative to the task to be accomplished C. a leader's behavior that best suits the current situation and task D. the level of task and relationship behavior that will likely produce successful outcomes