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Systems selling is a key industrial marketing strategy in bidding to build large-scale industrial projects.Competition for these projects is fierce.What are the main areas of competition for these project engineering firms
Present Value Tables
Tables that show the present value of cash to be received in the future, discounted at various interest rates.
Par Value
The nominal or face value of a bond, share, or other financial instrument, as stated by the issuer.
Effective Interest Method
An accounting technique for amortizing bond premium or discount over the life of the bond in a way that reflects a constant interest rate.
Amortization Table
A schedule that details each payment on an amortizing loan (such as a mortgage), including how much of each payment is interest vs. principal and the remaining balance.
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