Examlex
A good that is excludable is one that someone can be prevented from using if she did not pay for it.
Present Value
The contemporary valuation of foreseeable future earnings or sequences of cash payments, taking into account a specified interest rate.
Net Present Value Method
A method of evaluating the profitability of an investment by calculating the difference between the present value of cash inflows and the present value of cash outflows over a period of time.
Rate Of Return
A financial ratio used to calculate the gain or loss of an investment over a specified period, expressed as a percentage of the investment's initial cost.
Useful Life
The estimated duration an asset is expected to be functional and economically useful for its intended purpose.
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