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Choose the one alternative that best completes the statement or answers the question.
Complete the identity.
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Net Present Value
The calculation used to determine the present value of all cash flows associated with a project or investment, including initial capital outlay and all subsequent flows, discounted at a particular rate.
Electricity Bills
A periodic payment made by consumers for the electricity that they have consumed during a billing cycle.
Interest Rate
The percentage of the principal amount charged by lenders to borrowers for the use of money.
Net Present Value
The difference between the present value of cash inflows and the present value of cash outflows over a period of time.
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