Subtract from memory

But interest on a mortgage is tax deductible.

Something, so you want more?

The tax agent allowed the deduction.

It's a tax writeoff, I needed that.

You have a personal tax exemption of 500,000 yen.

You're assuming interest only loans.

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

It doesn't matter what it is.

Discount rate

Now what can we do ?

Investments are supposed to make money.

Zero and the deductible Superhigh, right? No.

And we're a non profit foundation, you can give us the property and take a hell of a tax deduction.

So, taxes, this is property tax.

In Germany, foreign bribery was allowed.

60 off.

We could have also done it other way.

These are 30 percent off.

And it just depended on how the mathematics work out.

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.

We could have said Let y equal the discount

5 minus this 2.

when the sale has a certain percentage ?

They make you pay more in withholding just to help their cash flow out.

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

Free coupons. Discount Discount coupons.

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

Donations to philanthropic programs are tax exempt.

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.

These L.A. police are murder.

But what if I wanted to generalize a little bit ?

Special rates for state and federal employees.

Your contribution to the school is tax deductible.

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.

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

Thirty percent off for USC alumni.

Be silent. Keep your forked tongue behind your teeth.

Do you have a student fare?

Well, that was x.

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.