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A major difference between sound recordings made by Emile Berliner and those made by Thomas Edison was that
Net Present Value
A financial metric that calculates the value of a series of cash flows by discounting them back to the present day, used in capital budgeting to assess the profitability of an investment.
Compound Interest
Interest that is computed not only on the original amount deposited or borrowed but also on the interest that has been added to the principal over past periods.
Capital Investment
Funds invested in a firm or enterprise for the purpose of furthering its business objectives, such as purchasing long-term assets.
Estimated Life
The expected period over which an asset is useful to the owning entity and can generate revenue, used for calculating depreciation.
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