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Investment
This is the allocation of resources, usually money, in the expectation of generating an income or profit.
Payback Period
The time it takes for an investment to generate an amount of income or cash equal to the cost of the investment.
Simple Rate
Simple rate often refers to the straightforward, non-compounded percentage in various financial calculations, such as interest rates.
Salvage Value
The anticipated market price of an asset at the conclusion of its effective life.
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