The 18% discount rate would give an approximation to the correct NPVs for projects with all (or most) of the inflows in the first year.
The present value of $1 to be received one year from now, discounted at 18% is: $0.8475
The present value of $1 × (1 – 0.08) (that is, $0.92) to be received one year from now, discounted at 10% is: $0.8364
The former calculation overstates the correct a
1. The basis on which posterity will rank our civilization is the quality of our ideas. Our position among civilizations is determined by the _________.
① location of our civilization ② value of our thought
③ influence we have ④ rigidity of our thought
⑤ quantity of our thought
2. As you drive a car on a straight road where the sun is beating down, you may seem to see a shim
curtail
우리말 뜻: 단축하다, 삭감하다
영어 뜻 혹은 유의어: shorten, reduce
예문: During the coal shortage, we must curtail our use of this vital commodity.
cynical
우리말 뜻: 냉소적인, 남을 믿지 않는
영어 뜻 혹은 유의어: skeptical, distrustful of human motives
예문: Cynical at all times, he was suspicious of all altruistic actions of others.
MATERIAL AND FORMAL LAW:
Starting that the Law is divided in 2 main spheres:
-Material Law: Is the Law itself, the a rule or body of rules of conduct inherent in human nature and essential to or binding upon human society.
All the disputes has to be decided and based in Material law, it reagulates the international society.
-Formal Law: Is the procedures that the Material Law describes as a
2.해석
모르그가의 살인
분석적이라는 이름으로 일컬어지는 정신 기능은, 그 자체는 거의 분석이 불가능하다. 그것이 거둔 효과에서 그 정체를 추측할 수밖에 없다. 그것에 대해서 특히 확실한 것의 하나는,그러한 자질을 충분히 타고난 자에게 있어서는 그것은 항상 더없이 발랄한 기쁨의 원천
dialectic
우리말 뜻: 논리적 토론술; 변증법
영어 뜻 혹은 유의어: art of debate
예문: I am not skilled in dialectic and, therefore, cannot answer your arguments as
forcefully as I wish.
diaphanous
우리말 뜻: 투명한, 비치는
영어 뜻 혹은 유의어: sheer; transparent
예문: They saw the burglar clearly through the daiphanous curtain.
diatribe
an apartment or a house is a very big decision to make. In this circumstance, I would not make a choice without careful evaluation of all of the information available.
While some decisions require very careful thought, others can easily be made quickly and still be correct. If I had to carefully consider all of the decisions I have to make in a day, I would never get anything accomplished.