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The first French explorations of the New World
Market Rate Of Interest
The prevailing rate of interest determined by supply and demand in the credit market.
Profit Per Barrel
The net income a company earns for each barrel of oil or similar commodities produced or processed.
Present Value
The contemporary valuation of a future lump sum or cash flow sequence, based on a chosen rate of earnings.
Nonrenewable Resource
A natural resource that cannot be replaced once it is consumed, such as oil, natural gas, and coal.
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