August 2004
Intermediate to advanced
656 pages
15h 28m
English
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Present Worth, PW(i)
The present worth, PW(i), of a cash-flow stream shows how much that future stream is worth (“is equivalent to”) right now at interest rate, i. The reference time frame for PW(i) is today, or, more precisely, the beginning of the first period (the end of period 0) of the cash-flow stream. Present worth is also called net present value, or NPV. The present worth is the answer to the question, “How much is this cash-flow stream worth today?”
The “present” can be any arbitrary point in time as appropriate for the decision being studied. In 1999, we could have talked about the PW(i) of a cash-flow stream that's planned to begin in 2009 and includes cash-flow instances through 2011.
The formula for calculating the PW(i) of a cash-flow ...
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
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