__________Refers to Societal Connections That Are More Formal and Impersonal

question 96

Short Answer

__________refers to societal connections that are more formal and impersonal.

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Definitions:

Net Present Value

A calculation that compares the value of all future cash flows of a project, discounted back to the present, to the initial investment.

Discount Rate

In finance, it's the interest rate the Federal Reserve charges banks for borrowing funds, used to control money supply.

Net Present Value

A method used in finance to assess the profitability of an investment by calculating the present value of its expected future cash flows minus the initial investment cost.

Investment

The action of allocating resources, usually money, with the expectation of generating an income or profit.