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Tax Credit
A reduction in the amount of taxes owed, dollar for dollar, for various types of investments or expenses.
Discount Rate
The interest rate used to determine the present value of future cash flows in discounted cash flow analysis, reflecting the time value of money.
Initial Investment
The amount of money used to start a project, purchase an asset, or invest in a business venture.
Marginal Cost
The cost incurred by producing one additional unit of a product or service.
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