But the present value, what does that mean?

Even though one may not be doing that well now, they choose those who they think will do well in the future.

Anything that is neither evidence nor query is known as a hidden variable.

What's the present value of 50 in 1 year?

Hopefully people will be watching this in the next millenia.

He says someone's chasing him.

That is 100.

We'll now learn about what is arguably the most useful concept in finance and that is called the present value.

Now what's our mantra of this day and age I wonder?

But that's just 1.02 divided by 1, which is just 100. 100 today.

42 million in adjusted dollars. That's minus payload, of course.

let me just scroll down so let's say that one year so today, one year so we figured out that 110 a year from now, its present value is equal to so the present value of 110 is equal to 104,76.

Choice number three, the 20 today, the 20 now, well that's just worth 20.

Well, we said let me do that in a different color.

Present value of 100 today is 100.

Were you going out there on your own?

So that's where it comes from.

So how do you compare the two?

That's why we need to plant it deep in the subconscious.

I'm so unimportant and insignificant.

So that is the value in 2 years.

Get out my virtual Tl 85.

This dollar would be 1.11 to the third.

And the notation is PV

Jung may have called it the subconscious.

My existence is worthless and meaningless.

And then to get its present value, its value today, you divide that by 1.05 again.

When you have a kid you are supposed to be there for them.

Now compare the Phase to Ground values against the Phase to Phase values

Now compare the phase to ground values against the phase to phase values

I wonder if it's worth it.

If you ask multiple people, you might not come up with the same answers.

Something interesting is emerging.

So it equals 104,76.

Why is that?

Present value

Present values

But, actually, it's suddenly come to me after years working in the business, that what we create in advertising, which is intangible value you might call it perceived value, you might call it badge value, subjective value, intangible value of some kind gets rather a bad rap.

Not so in Italy.

And I'll introduce my notation.

When you lower the interest rate, the present value of this future payment goes up.

Anyway.

Actually I meant to present value it.

110 divided by 1.05 squared is equal to 99.77.

So the present value of 20 today, well that's just 20.