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Propellers created during World War I were used to make the first wind turbines, which generated electricity rather than milling grain or pumping water.
Discount Rate
The interest rate fundamental to converting future cash flows into their present financial equivalent in discounted cash flow analysis.
Annual Operating Costs
The total expenses associated with running a business, facility, or equipment for one year, including utilities, salaries, and maintenance.
Additional Revenue
Income generated from activities not related to the primary operation of the business.
Straight-Line Depreciation
A scheme for disbursing the expenditure of a physical property over its operational lifespan in equivalent annual quotas.
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