One of the Four Elements That Must Be Present in Private

question 135

True/False

One of the four elements that must be present in private enterprise is reasonable prices.

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Definitions:

Annuity

A series of identical cash flows.

Interest Rate

The proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan outstanding.

Invest Today

A strategy or encouragement to allocate resources, such as time or money, currently, with the expectation of future benefits.

Present Value

The present value of a future amount of money or series of cash flows, when calculated with a certain return rate.