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The profitability index (PI) refers to the ratio of discounted benefits over the discounted costs. It is a capital budgeting tool that helps to decide…

The Net Present Value (NPV) is a means of evaluating the actual long-term profitability of an investment or a project through the initial outflow, future…

Le Mont-Saint-Michel (pronounced (mɔ̃ sɛ̃ mi.ʃɛl); Norman: Mont Saint Miché, English: Saint Michael’s Mount) rocky islet and famous sanctuary in Manche département, Normandy région, France,…

The resource curse is when a country experiences the need to diversify away from an abundant, but finite natural resource. The term resource curse represents…

Regenerative cooling is a method of cooling gas, utilizing the rapid expansion of a compressed portion of the gas, before it becomes liquid, to cool…

In finance, the strike price (or exercise price) is the set price at which a derivative contract can be bought or sold when it is…

A cryocooler is a device used to cool the environment and anything inside it to extremely cold temperatures. A refrigerator designed to reach cryogenic temperatures…

Much larger currents are at work in our oceans, circulating water around the world. These ocean currents, which are massive currents that are influenced by…

Ocean Currents are the movements of ocean water due to gravity, the rotating earth (Coriolis Effect), water density, the sun, and wind. The various forces…

Time value is the main reason there is little exercising of options but a considerable amount of closing out, offsetting, covering, and selling of shares…

A learning system based on formalized teaching but with the help of electronic resources is known as E-learning. E-learning is the use of electronic media…

An evaporative cooler (also known as swamp cooler or wet air cooler) is a device that cools air through the evaporation of water. Evaporative cooling…