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Why does a community respond positively when an officer is bilingual?
Time-Value
A concept in economics that money available now is worth more than the same amount in the future due to its potential earning capacity.
Money
Any item that is generally acceptable to sellers in exchange for goods and services.
Present Value
The worth today of a sum of money or cash flow expected in the future, using a specified rate of return for the discounting process.
Compounds
Substances formed by the chemical combination of two or more elements.
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