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Discounting is a financial mechanism in which a debtor obtains the right to delay payments to a creditor, for a defined period of time, in exchange for a ... more

In Valuation (finance), tax amortization benefit (or tax amortisation benefit) refers to the present value of income tax savings resulting from the tax ... more

In physics and engineering, the time constant, usually denoted by the Greek letter (tau), is the parameter characterizing the response to a step input of ... more

A laser rangefinder is a rangefinder that uses a laser beam to determine the distance to an object. The most common form of laser rangefinder operates on ... more

A perpetuity is payments of a set amount of money that occur on a routine basis and continues forever. Present value of a perpetuity is an infinite and ... more

In finance, the net present value or net present worth of a time series of cash flows, both incoming and outgoing, is defined as the sum of the present ... more

In economics, present value, also known as present discounted value, is a future amount of money that has been discounted to reflect its current value, as ... more

Present value of an annuity: An annuity is a series of equal payments or receipts that occur at evenly spaced intervals. Leases and rental payments are ... more

Future value of an annuity is the future value of a stream of payments (annuity), assuming the payments are invested at a given rate of interest. The ... more

An annuity is a series of payments made at fixed intervals of time. An annuity-due is an annuity whose payments are made at the beginning of each period. ... more