In Lighting Design, a Variable Called CRI Is Often Used

question 27

Multiple Choice

In lighting design, a variable called CRI is often used.What does CRI stand for?

• A)Color Repeatability Index
• B)Color Rendition Index
• C)Capacitive-Resistive Index
• D)none of the above

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Definitions:

Lessor's Implicit Rate

The interest rate in a lease that yields the same net investment in the lease as the present value of the minimum lease payments and any unguaranteed residual value.

Ordinary Annuity

A series of equal payments made at equal intervals of time, with the payments occurring at the end of each period.

Present Value Factors

The factors used to calculate the present value of a future amount of money or stream of cash flows, given a specific discount rate.

Long-term Lease Obligation

A financial commitment that involves leasing an asset for a long-term period, noted on the balance sheet as a liability.