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Which of the following statements concerning entropy change is/are true?
1) For a reversible process, )
2) For a spontaneous process, )
3) For a reversible process,such as a phase change, S = qrev/T .
Interest Rate
The percentage charged on a loan or paid on savings, representing the cost of borrowing or the reward for saving.
Present Value
The present value of an anticipated amount of money or series of payments, considering a certain rate of return.
Net Present Value
Net Present Value (NPV) is a method used in capital budgeting to evaluate the profitability of an investment or project, calculating the difference between the present value of cash inflows and outflows over a period of time.
Interest Rate
The fraction of a loan subject to interest charges to the borrower, usually shown as an annual percentage of the remaining loan balance.
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