Things to have – websites/slides

Interest - $10. We call the simple interest rate . I = $10/$100 = 10%. Assuming that this is a fair interest rate then you would be just as happy having $110 in one years time as having $100 today. Thus the present value today of $110 in one years time is $100. Mathematically . 100 = 110/(1+10%) or . … ................
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