Examlex
The average number of people in the school cafeteria line at lunch time is 20 students. It takes the lunch counter 2 minutes on average to process a student. What is the average flow rate?
Profit-Sharing
A company policy of distributing a portion of net profits among its employees as a form of incentive and reward.
Annual Profit
The financial gain or earnings of a business or individual for one full year after all expenses have been subtracted from total revenues.
Future Value
The estimated value of an investment at a specific date in the future, taking into account factors like interest rates or returns.
Compounded Annually
A system of calculating interest where the accumulated interest is added to the principal at the end of each year, resulting in interest earning interest in subsequent periods.
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