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Old 07-02-2003, 06:47 PM  
traffic addict
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Join Date: Mar 2003
Location: UK
Posts: 3,312
Quote:
Originally posted by rastakit


You must have take Marketing classes in your second year...the 8% is a discount rate...he's not "earning" it...you use it to bring back cash flows into today's dollars...it's a proxy for inflation...get with the program...a string of payments of 27000 per year for 40 years is not worth less than one annual payment...
the discount rate in this case is the same as the earnings. there is no info about inflation.
and as I explaind before the calculation were for 40 month and 18 month on an 8% per month that's why it is coming to about 20k and not 300k
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