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Briefly explain the difference between civil liberties and civil rights.
Discount Rate
The interest rate used to discount future cash flows of a financial instrument back to their present value, thus helping to determine the potential value of an investment.
Straight-Line Depreciation
A method of allocating an asset's cost evenly throughout its useful life.
MACRS
Modified Accelerated Cost Recovery System; a method of depreciation applied in the United States that allows businesses to recover investments in certain property over a specified life.
Opportunity Costs
The cost of forgoing the next best alternative when making a decision, representing the benefits that could have been received.
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