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Tornadoes are common
Future Dollar Amount
The projected value of a current sum of money at a specified future date, taking into account factors like inflation or investment returns.
Discount Rate
The interest rate used to discount future cash flows to their present value, important in financial analysis and investment decisions.
Lease Payments
Lease payments are regular payments made by a lessee to a lessor for the use of an asset, such as property or equipment, over a specified lease term.
Annual Payment
A payment made once a year, often referring to the total amount paid over a twelve-month period for a particular expense.
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