Across
- 3. A combination of the time value of money and interest rate that makes different sums of money at different times have equal economic value.
- 5. The interest rate incurred to obtain capital investment funds.
- 8. Expected trade-in, market, or scrap value at the end of an asset’s life or the study period.
- 10. A forgone opportunity caused by the inability to pursue a project.
- 12. The variation from an expected, desirable, or predicted value that could be detrimental to a project or investment.
- 13. Direct or indirect expenditures related to running a business or project.
- 14. Activities that add worth to a product or service from the consumer's or owner's perspective.
Down
- 1. The equivalent annual amount an asset or system must earn to recover the initial investment plus a stated rate of return.
- 2. Expressed as a percentage per time, it represents the increase in the amount of money required to purchase goods or services over time.
- 4. For a single project, the value of a parameter that makes two elements equal, such as sales necessary to equate revenues and costs.
- 6. The concept that money today is worth more than the same amount in the future due to its potential earning capacity.
- 7. The amount of time before recovery of the initial capital investment is expected.
- 8. Capital that is lost and cannot be recovered.
- 9. A reasonable rate of return established for evaluating an economic alternative.
- 11. Cash inflows and outflows related to a company, project, or activity.