Examlex
A social worker and his client have identified different goals the client would like to achieve. While assisting the client in selecting specific goals, the social worker should ask the client to first:
Discounted Payback
This refers to the period of time it takes to recoup an investment in terms of its discounted cash flows, taking the time value of money into account.
Payback
The period it takes for an investment to generate an amount of income or cash equivalent to the cost of the investment.
Internal Rate Of Return
A metric used in financial analysis to estimate the profitability of potential investments, representing the discount rate that makes the net present value of all cash flows equal to zero.
Initial Cost
Initial cost refers to the expense incurred to purchase an asset or start a project, including the acquisition price and any additional costs necessary to bring the asset to a usable state.
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