* IBM lifts investor mood in Europe * India, China eye closer trade ties * Tricycle doubles up as mobile home Darcy Lambton reports.
With gas and groceries at an all time high, Susan Koeppen explains to Harry Smith why saving money now requires much more planning and restraint than before.
(Minneapolis) A comparison between the two found that membership prices were slightly cheaper at the YWCA compared to the YMCA, Bill Hudson reports (1:33).
Discount
From Wikipedia, the free encyclopedia
(Redirected from Discounts)
See also: Discounts and allowances
For the band of the same name, see Discount (band).
In finance and economics, discounting is the process of finding the present value of an amount of cash at some future date, and along with compounding cash forms the basis of time value of money calculations. The discounted value of a cash flow is determined by reducing its value by the appropriate discount rate for each unit of time between the time when the cashflow is to be valued to the time of the cash flow. Most often the discount rate is expressed as an annual rate.
