☼ ?Š ↨ - ) 4 ?˜ ‼ hury up
by Kung-Fu Jesus April 30, 2004
(n.) An allowance of money. Giving a person or organisation credit makes them a debtor, and you, thier creditor.
by Kung-Fu Jesus May 09, 2004
by Kung-Fu Jesus June 15, 2004
Money has a time value, net present value is future cashflows brought back to today's value against a discount factor (11% is standard), minus the initial investment. If the net present value of cumulative cashflows is positive, then the project should be accepted, unless a more profitable investment is also availiable.
To calculate the NPV of an investment, one must know the discount factor, cost of investment and expected incomes (based off accurate data)
by Kung-fu Jesus July 06, 2004
by Kung-Fu Jesus May 02, 2004
Divine right is one of many excuses used by monarchs of Europe to retain thier positions of power. It was claimed that God himself put them there. Of course, the intellectuals of the day pointed out that monarchies are formed from the most violent band of thugs, made by man, not God.
by Kung-Fu Jesus April 21, 2004