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09-21-2007, 10:38 AM
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Discount Mathematics
__________________
Anything too stupid to be said is sung. [Voltaire]     
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07-17-2008, 11:02 AM
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Re: Discount Mathematics
You can also use 'e' to discount values, when you are continously compounding (e.g. in options or futures). E.g: The present value of 800 dollars in 5 years from @ 7% interest = 800 * 1/[e^(5*0.07)] = 563,75
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