In this example that I did in the previous video, it was the pre tax return on asset.

Assignment Missing

Discount rate

Now what can we do ?

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

Unknown Interruption

ERROR Unknown argument.

60 off.

These are 30 percent off.

The price per share, the market price per share, is 3.50, so you could also say it's trading at a discount to book.

when the sale has a certain percentage ?

Now another interesting caveat is a sentence people put a so called discount factor into this equation with an exponent of T, where a discount factor was going to be 0.9, and what this does is it decays future reward relative to more immediate rewards, and it's kind of an alternative way to specify costs.

But either way I think you get the point.

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.

Which it seems like a really good deal, because now the

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.

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.

Oh, no.

The Price to Earnings ratio is equal to the price so 3.50 divided by the earnings per share.

We've been unable to retrieve any information... about who helped him embed the message in our broadcast.

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.

So this is just the same thing as net income plus interest plus taxes.