Net present valueThe net present value (NPV) or net present worth (NPW) applies to a series of cash flows occurring at different times. The present value of a cash flow depends on the interval of time between now and the cash flow. It also depends on the discount rate. NPV accounts for the time value of money. It provides a method for evaluating and comparing capital projects or financial products with cash flows spread over time, as in loans, investments, payouts from insurance contracts plus many other applications.
Formula OneFormula One (more commonly known as Formula 1 or F1) is the highest class of international racing for open-wheel single-seater formula racing cars sanctioned by the Fédération Internationale de l'Automobile (FIA). The FIA Formula One World Championship has been one of the premier forms of racing around the world since its inaugural season in 1950. The word formula in the name refers to the set of rules to which all participants' cars must conform. A Formula One season consists of a series of races, known as Grands Prix.
Cubic functionIn mathematics, a cubic function is a function of the form that is, a polynomial function of degree three. In many texts, the coefficients a, b, c, and d are supposed to be real numbers, and the function is considered as a real function that maps real numbers to real numbers or as a complex function that maps complex numbers to complex numbers. In other cases, the coefficients may be complex numbers, and the function is a complex function that has the set of the complex numbers as its codomain, even when the domain is restricted to the real numbers.
