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2/10 net 30 - this means the buyer must pay within 30 days of the invoice date, but will receive a 2% discount if they pay within 10 days of the invoice date. 3/7 EOM - this means the buyer will receive a cash discount of 3% if the bill is paid within 7 days after the end of the month indicated on the invoice date.
The 10% of the brain myth states that humans generally use only one-tenth (or some other small fraction) of their brains. It has been misattributed to many famous scientists and historical figures, notably Albert Einstein. [1] By extrapolation, it is suggested that a person may 'harness' or 'unlock' this unused potential and increase their ...
1 × 10 −101 is equal to the smallest non-zero value that can be represented by a single-precision IEEE decimal floating-point value. 10 −100 to 10 −30 1/52! chance of a specific shuffle. Mathematics: The chances of shuffling a standard 52-card deck in any specific order is around 1.24 × 10 −68 (or exactly 1 ⁄ 52!)
The "discount rate" is the rate at which the "discount" must grow as the delay in payment is extended. This fact is directly tied into the time value of money and its calculations. The present value of $1,000, 100 years into the future. Curves representing constant discount rates of 2%, 3%, 5%, and 7%
Social discount rate ( SDR) is the discount rate used in computing the value of funds spent on social projects. Discount rates are used to put a present value on costs and benefits that will occur at a later date. Determining this rate is not always easy and can be the subject of discrepancies in the true net benefit to certain projects, plans ...
A look back. Here are some important stops along the Dow’s road to 40,000: Dow is formed: The first daily close, on May 26, 1896, was 40.94.The Dow did not get off to a good start, plunging 30% ...
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