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.

let's say ... the GDP of Spain divided by, I don't know, the hmmm ...

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.

How much is this?

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.

So lets just say we're at the store and we're going to buy something and there is a sale.

If you agree to buy 3000 of them, we'll give you a 3 percent discount.

If you agree to buy 3,000 of them, we'll give you a 3 percent discount.

But you married him.

Do you have a student fare?

Well, that was x.

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.

Fold it up.

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.

He's a shrewd businessman.

You're the man, Hop.

Clearly a mistake was made on the part of our mutual associate when he paid you half of Jesse's earnings.

He took over the business.

Works part time at a copy store.

So once again we have verified, by taking the present value of 110 in 2 years to today, that its present value if we assume a 5 discount rate.

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.

Just pull me up!

Pull it up!

Here, pull it in.

Pull up!

Let's boogie.

I said your cousin is a shrewd businessman!