I think he felt that skin was attributable to climate and did not affect one's intelligence, character and personality so he was not a racist. While areas of the world like Latinamerica and Africa for example have many people with brown or black skin, they are every much as capable as people from more northern climates with white skin. The fact that, for example the Latin american areas had advanced civilizations like the Incas and Aztecs, the former with 1000's of kilometers of roads tying their empires together and the Aztecs with their monumental temples and both with advanced agriculture based on astronomical observations shows this is the case.
Answer:
more than
earn interest
discount cash flow (DCF)
Explanation:
The concept of future value represents the amount that a lump sum or series of cash flows will achieve after a given period when compounded at an interest rate. This means that a dollar in hand today is worth more than a dollar to be received since it can be applied to earn interest.
The time value of money, which allows us to evaluate different investments, is also known as discount cash flow (DCF).
