Not All Functions Have Arguments,and Some Functions Have ____________________ Arguments,which

question 47

Short Answer

Not all functions have arguments,and some functions have ____________________ arguments,which are not required for the function to return a value,but can be included to provide more control over the returned value.

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Definitions:

Initial Cost

The initial expenditure required to acquire an asset or to start a project, incorporating all necessary expenses to bring it to a usable state.

Net Present Value

This signifies the net difference in present value terms of cash received versus cash paid out over an outlined time interval.

Internal Rate of Return

The discount rate at which the net present value of all cash flows (both positive and negative) from a project or investment equals zero.

Decision Rule

A guideline or criterion that aids in making choices between alternative courses of action.