Examlex
HTML 3 is the current version of HTML that delivers everything from animation to graphics and music to movies; it can also be used to build complicated web applications and works across platforms, including a PC, tablet, smartphone, or smart TV.
Net Present Value
A financial metric that calculates the present value of all future cash flows associated with an investment, minus the initial investment cost.
Present Value
The current worth of a future sum of money or stream of cash flows given a specified rate of return.
Unequal Lives
A term used in capital budgeting to describe projects or investments with different durations.
Replacement Chain Method
A capital budgeting technique that compares different investment projects with unequal lifespans by calculating their equivalent annual cost.
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