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The demographic gap between rich and poor nations is widening.
Discount Factor
A multiplier used in discounted cash flow analysis to present value future cash flows.
Discount Rate
In finance, the interest rate used to discount future cash flows to their present value, often reflecting the risk or time value of money.
Opportunity Cost
The cost of missing out on the next best alternative when making a decision.
Present Value
The current value of a future sum of money or stream of cash flows, given a specified rate of return.
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