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Equivalent Annual Annuity
Equivalent Annual Annuity is a calculation used to compare the annualized cash flows of projects or investments with different durations.
Unequal Lives
Unequal lives refer to the comparison of investments or projects that have different durations or lifespans, complicating the analysis of their profitability or worth.
Positive Cash Flows
A situation where the cash inflows in a given period are greater than the cash outflows, indicating financial health.
Common Time Period
The standard duration used for comparing financial performance or investment returns across different assets or projects.
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