Discount Calling Rate

Jan 23
Funtravel asked:


1. Suppose your bank account will be worth $2,600.00 in one year. The interest rate (discount rate) that the bank pays is 3%. What is the present value of your bank account today?

2. Suppose you have two bank accounts, one called Account A and another Account B. Account A will be worth $4,000.00 in one year. Account B will be worth $7,000.00 in two years. Both accounts earn 4% interest. What is the present value of each of these accounts?

Benita

Jan 16
Haya asked:


What does it mean when I get a “Professional Discount” offer? I just got one from details magazine and now i get a Professional rate for a 1 yr. subscription for only $8.00. Does anyone know if this is a good offer? Why do they even call it professional?

Alisa
Jan 7
0379 asked:


I signed a new lease on May 2nd for an apartment I will rent in june. the discount price on the lease is 62 bucks. then a week after I sign the lease they call and say I cannot take that discount I can only have 32 bucks off of my rent. What are my rights being that I already signed the lease?
Basically there are 2 discounts that was given to me on this lease. One is the employee discount because of who I work for the other is just a manager’s special. The lease I signed has both discounts taken but a week after I signed it she said I can only have one discount.

Normand