Examlex
In this selection Nagel reflects on the sense of absurdity that most of us feel from time to time. The sense of absurdity arises, he says, from the "collision between the seriousness with which we take our lives and the perpetual possibility of regarding everything about which we are serious as arbitrary, or open to doubt." Nagel thinks that Camus's response to the absurd (defiance or scorn) is inappropriate; it's "romantic and slightly self-pitying." He prefers instead to approach the absurd with acceptance, with irony instead of heroism or despair.
-Nagel asserts that one's life is actually absurd.
Compounded Annually
A method of calculating interest where the earned interest is added to the principal at the end of each year, increasing the amount that will earn interest in the following year.
Acquisition Cost
Refers to all of the costs involved in acquiring a new asset or company, including the purchase price and all associated expenses.
Deferred Ordinary Annuity
An annuity contract that begins payments at a specified future date, as opposed to immediately after the initial investment.
Present Value
The value today of a future sum of money or sequence of cash inflows, factoring in a given return rate.
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Q31: straw man :