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Salvage Value
The estimated residual value of an asset at the end of its useful life, important for depreciation calculations.
Internal Rate Of Return (IRR)
The discount rate that makes the NPV of an investment zero.
Straight-Line Depreciation
A technique for distributing the expense of a physical asset evenly across its lifespan in identical yearly payments.
Minimum Rate Of Return
The lowest acceptable return on investment, beyond which investment options are not considered.
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