Examlex
What is a secondary storage medium that uses magnetic techniques to store and retrieve data on disks or tapes coated with magnetically sensitive materials?
Discounted Payback Period
The time required to recover the cost of an investment while considering the time value of money.
Initial Investment
The amount of money used to start an investment project or venture.
Mutually Exclusive
A situation where the occurrence of one event means the other cannot occur at the same time.
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