Examlex
Before 1970, what was the basis for the biological classification system?
Equivalent Annual Cost
Equivalent annual cost is a financial analysis tool used to compare the cost effectiveness of different projects or investments with differing lifespans by calculating their equivalent cost per year.
EAC
Equivalent Annual Cost, a financial analysis tool used to compare the cost effectiveness of different investments or projects over their lifecycles.
Compute
To calculate or process information using a computer or mathematical methods.
Bid Price
The maximum price that a buyer is willing to pay for a security or commodity.
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