The discount rate must be specified in advance for which of the following methods? 
Definitions:
Inductive
A reasoning or argumentation method that draws general conclusions from specific observations or instances.
Passive Voice
Passive voice is a grammatical structure where the subject of the sentence is acted upon, emphasizing the action rather than the doer.
Active Voice
A grammatical structure in which the subject of a sentence performs the action expressed by the verb, making the writing clear and direct.
Emphasis Technique
Strategies used in writing or speech to highlight important information or to make certain elements stand out.
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