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From the text, describe how police typically spend their time while at work.
Net Present Value
A financial metric that calculates the value of a projected future cash flows relative to the initial investment, considering the time value of money.
Break-Even Time
The period required for a business to generate enough revenue to cover its total costs, reaching a financial state where profit and loss are exactly balanced.
Payback Period
The length of time it takes to recover the initial cost of an investment, calculated by dividing the investment cost by annual cash inflows.
Hurdle Rate
The lowest acceptable profit that a project or investment must generate to meet the requirements of a manager or investor.
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