Answer: Discount rates are used to determine today's value of money paid or received at some future time.
This calculation is used in the cost-benefit analysis in order to place all economic flows of a project that occur at different points in time into a single year currency so that costs and benefits can be compared.
The rates used are typically around 10%, but try to analyze them with other rates between 5% and 15% to determine if the viability of the project is sensitive to the discount rate. It is defined by World Bank or the government of the country concerned.
Answer: the haj is the journey to mecca
Answer:
After Christopher Columbus reached the shores of a new continent he was convinced that he reached shores of India. But many explorers doubt this. Among them was Amerigo Vespucci. He was convinced that Columbus reached a new continent, unknown to Europeans, not India. Therefore he traveled on his own across Atlantic Ocean in 1497. He reached the shores of todays Brazil. He realized that he reached the shores of a territory unknown to Europeans, which he named New World. In respect to Vespucci's achievement the whole continent was named after him - America.
The exchange rate expresses <span>the value of one nation’s currency in terms of another nation’s currency.
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It was an era of peace and prosperity.