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According to the Authors "Process Modeling - and Creating DFDs

question 101

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According to the authors "Process modeling - and creating DFDs in particular - is one of the most important skills needed by systems analysts".


Definitions:

Discount Rate

The interest rate that a central bank charges financial institutions for short-term loans, or used in discounted cash flow (DCF) analysis to present value future cash flows.

APR

The Annual Percentage Rate, which is the interest rate for a whole year on a loan, including fees.

Present Value Payback Period

A capital budgeting technique that calculates the period of time required for the present value of future cash flows to cover the initial investment cost.

NPV

Net Present Value, a calculation used to determine the current value of a series of future cash flows.

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