Examlex
List the five steps of the creative pyramid,starting at its top.
Present Value
The current worth of a future sum of money or stream of cash flows given a specified rate of return.
Endowment
In economics, an endowment is the total range of assets, including both physical goods and intangible elements like labor skills, that an individual or entity owns.
Interest Rate
The proportion of a loan that is charged as interest to the borrower, typically expressed as an annual percentage of the loan amount.
Consumes
The act of using up goods or services for personal need, satisfaction, or utility, reducing the quantity available.
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