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investment appraisal
evaluating the profitability or desirability of an invesment project
pay back period
the time it takes for the initial amount of money invested to be repaid using the gains from the original investment
average rate of return
average annual profit of an investment project expressed as a percentage of the initial amount of money invested
net present value
calculates real value of an investment by adjusting (discounting) the actual value of money received
discount rate
figure used to reduce the future value of money