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Explain the input-output-outcome model of program evaluation using an example.
Vintage
A term used to describe the age of an item, often indicating quality, rarity, and value, particularly in the context of wines, cars, and collectibles.
Stored
Kept or accumulated for future use.
Present Value
The present-day valuation of an anticipated amount of money or cash flows, considering a predetermined rate of return.
Endowment
An economic term referring to all assets, financial and non-financial, given to an individual or institution for a specific purpose.
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