Classify each of the following items as either:
Definitions:
Installation Cost
The expense associated with setting up or putting equipment, infrastructure, or software into operation.
Erosion Cost
Costs that occur when a new project or investment negatively affects the revenues or profits of existing projects or investments.
Class A Spa
An upscale facility offering premium health and beauty treatments, differentiated by service, amenities, or exclusivity criteria.
Present Value
The worth at present of a sum of money expected in the future or of ongoing cash payments, when discounted at a specific rate of return.
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