Examlex
All of the following can be used to dispose of the sludge formed during wastewater treatment except:
Present Value
The current worth of a future sum of money or stream of cash flows, given a particular rate of discount.
Sinking Fund
A fund established by a government or corporation for the purpose of reducing debt by repurchasing bonds or shares.
Maturity
The date on which a debt instrument (such as a bond) is due to be repaid in full.
EAR
The Effective Annual Rate; a measure of the annual return on an investment or loan that takes into account the effect of compounding interest.
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