Examlex
Which of the following is a type of program evaluation?
Loan
A sum of money borrowed that is expected to be paid back with interest.
Economic Profit
The financial gain achieved by a firm or individual after deducting both explicit (direct) and implicit (indirect, such as opportunity costs) costs from total revenues.
Investment
Committing funds to assets with the goal of earning returns over time.
Interest Rate
The percentage charged on the total amount borrowed or earned on investments, representing the cost of borrowing or the gain on saved or invested money.
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