Are there special evening rates?

The nice mathematical thing about discount factor is it keeps this expectation bounded.

It easy to show that this expression over here will always be smaller or equal to 1 over 1 minus gamma times the absolute reward maximizing value and which in this case would be plus 100.

Discount rate

Now what can we do ?

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

The store offered special discounts during the summer.

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.

Duration

Direction

Period

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.

The military fighters had a highest performance military airplane was the SR71.

Or if you flip them, you would get ... ... 1 over 3600 hours or hour per second.

From all time

large dairy farm.

A long time.

Do you have a student fare?

Well, that was x.

So we take 110, and we're going to use the two year rate, and discount twice.

I did one period, which is the whole year.

Bad operands for period operator.

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.

So we have 52 weeks per year, but this is every two weeks, so instead of multiplying it by 52 weeks, we're going to multiply by there's 26 two week periods in the year.

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.

The one from my mom does the same thing.

Validity period

Validity

Duration

Fixed Interval

Next Period

Next year

Interval