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question 41

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Definitions:

Automating Process

The method of using technology to perform tasks with minimal human intervention.

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.

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