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Which One of the Following Is NOT One of the Four

question 86

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Which one of the following is NOT one of the four functions of data summarization discussed in your text?


Definitions:

Payback

A method to evaluate investments by calculating the time needed to recoup the original investment.

Discount Factor

A multiplier used in time value of money calculations to determine the present value of a future sum or cash flow.

Straight-Line

A method of calculating depreciation of an asset, whereby its cost is evenly spread over its useful life.

Cash Payback Period

The time it takes for a business to recover its investment in a project solely from cash flows, used to assess the risk or attractiveness of an investment.

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