Answer: a. I made comparisons with others' salaries."
Explanation:
Equity theory simply refers to the principle that the actions of individuals are based on fairness and in a situation whereby there's no fairness or equity, the workers will seek to address such differences.
According to the equity theory, workers believe that everyone who puts in a similar input should get a similar reward. Therefore, in this case since Ted used the equity theory, he'll make a comparison with the salary of others.
"credit unions" are owned by the people who deposit and are loaned money
Answer:
The correct answer is B.
Explanation:
Giving the following information:
Future value= 5,000*4= $20,000
i= 8%
number of years= 5 years
To calculate the present value of the investment, we need to use the following formula:
PV= FV/ (1+i)^n
PV= 20,000/ (1.08^5)
PV= $13,611.664
