Answer: Discount rates are used to determine today's value of money paid or received at some future time.
This calculation is used in the cost-benefit analysis in order to place all economic flows of a project that occur at different points in time into a single year currency so that costs and benefits can be compared.
The rates used are typically around 10%, but try to analyze them with other rates between 5% and 15% to determine if the viability of the project is sensitive to the discount rate. It is defined by World Bank or the government of the country concerned.
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Answer:
Social category
Explanation:
collection of people that have certain characteristics or traits in common
Answer:
c. real culture; ideal culture.
Explanation:
The social institutions, arts, value, norms, and other human intellectual achievements of a social group, community or nation is termed as culture. There are different perceptions of culture which includes real and ideal culture. Ideal culture refers to the values and norms which has been idealized or claimed by a culture while on the other hand real culture refers to the norms and values which are actually followed by a culture. For example, American society promotes the ideals of academic progress and material success but they do not reflect in society.