So all of the cabling and all of the heavy infrastructure

Discount rate

Now what can we do ?

The probability of reaching S prime given that we started state S and apply action A.

60 off.

These are 30 percent off.

when the sale has a certain percentage ?

We could have also done it other way.

And it just depended on how the mathematics work out.

Free coupons. Discount Discount coupons.

Well, I don't give group rates, you know.

Another way to kind of just talk about this is to get the present value of 110 a year from now, we discount the value by a discount rate.

Let's say in every year it's going to make 1.

We could have said Let y equal the discount

5 minus this 2.

Thirty percent off for USC alumni.

Do you have a student fare?

Well, that was x.

Net

And this one that was in Kenya, they went around and distributed to people vouchers, discount vouchers.

Then to discount money in the future to the present, we divide it by 1 plus the discount rate so this is a 5 discount rate.

Are there special evening rates?

If I could get it for 90, that's a good deal for me.

So x minus twenty five percent x is equal to the sale price.

Net

Safety net

Are there any discount tickets for me?

But what if I wanted to generalize a little bit ?

Be silent. Keep your forked tongue behind your teeth.

Special rates for state and federal employees.

This is the difference between the two.

I have some coupons I got last week.

So 2009 money, that's worth 1.

Let x be the price of the product I want to buy, the nondiscount price of the product in the store.

I'll say p, just so it makes sense, p is equal to the percentage off.

What is it about Superman?

Perhaps only at a discount.

I bought the car at a 10 discount.

Yeah.

To compound the amount of money we invest we multiply the amount we invest times 1 plus the yield.

That's a family discount in these hard times.

Fake Net

The store offered special discounts during the summer.

We give a 10 discount for cash.

Will you give any discount if I pay in cash?