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Fourth-Generation Languages (4GL) Are Programming Languages That Look Similar to Human

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Fourth-generation languages (4GL) are programming languages that look similar to human languages. For example, a typical 4GL command might state, "FIND ALL RECORDS WHERE NAME IS 'SMITH'."


Definitions:

Net Present Value

A financial metric that evaluates the profitability of an investment or project by calculating the present value of expected future cash flows, minus the initial investment cost.

Annuity

A financial instrument that disburses a set series of payments to a person, often employed as a revenue flow for individuals in retirement.

Rate of Return

The increase or decrease in the value of an investment for a given time frame, represented as a proportion of the investment's starting price.

Present Value Factor

A factor used in discounting future payments or receipts to determine their present value, considering the time value of money.

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