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NPV Project
A project evaluated using the Net Present Value method, which calculates the present value of all cash flows associated with the project, minus the initial investment.
Straight-Line
A method of calculating depreciation of an asset which assumes the asset will lose an equal amount of value each year over its useful life.
Discount Rate
The interest rate used to discount future cash flows to their present value.
Tax Bracket
A range of incomes taxed at a specific rate; tax brackets result in a progressive tax system, where taxation progressively increases as income grows.
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