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Internal Rate
Often refers to the internal rate of return (IRR), which is the discount rate that makes the net present value (NPV) of all cash flows from a particular project equal to zero.
Operating Costs
Expenses associated with the day-to-day functioning of a business, such as rent, utilities, and payroll, excluding costs related to production.
Annual Cost
The total expenses associated with maintaining or operating something over the course of a year.
Useful Life
The estimated period over which a fixed asset is expected to be useful to the owning entity, crucial for calculating depreciation.
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