Within an Indented Series of Codes, the First Left-Justified Code

question 13

Multiple Choice

Within an indented series of codes, the first left-justified code is the:

• A) main term.
• B) parent code.
• C) official code.
• D) subterm.

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Definitions:

IRR

Internal rate of return. A capital budgeting technique that rates projects according to their expected return on invested funds. The higher the return the better.

MIRR

Modified Internal Rate of Return (MIRR) is a financial metric that evaluates the profitability of investments, adjusting the internal rate of return (IRR) to account for the reinvestment of cash flows at a different rate.

Present Value

The current value of a future amount of money or stream of cash flows, discounted at a certain interest rate.

Future Value

The amount a present sum will grow into at a specified interest rate over a specified period of time.