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The off-delay timer (TOF) starts timing when the timer's:
Required Rate
The required rate, often referred to as the required rate of return, is the minimum expected rate of return on an investment deemed acceptable to an investor.
Unequal Cash Flows
Cash inflows or outflows over a period that vary in amount, which are crucial in investment analysis and capital budgeting.
Present Value
The current worth of a future sum of money or stream of cash flows given a specified rate of return.
Future Value
The value of a current asset at a specified date in the future based on an assumed rate of growth over time.
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