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Describe subjective and objective measures of performance appraisals.
Interest Rate
The fee imposed by a creditor on a debtor for the utilization of resources, stated as a proportion of the principal amount.
Net Present Value
A financial metric used to assess the value of an investment by calculating the present value of expected future cash flows minus the initial investment cost.
Current Value
The present monetary or market worth of an asset or investment.
Interest Rate
The cost of borrowing money, expressed as a percentage of the total amount loaned, paid by borrowers to lenders.
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