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For Kierkegaard,approximation of personal freedom occurs in stages.
Present Value
The today's worth of future money or cash flow sequences, when a certain rate of return is applied.
Discount Rate
In finance, the discount rate is the interest rate used to determine the present value of future cash flows.
Present Value
A future sum of money or cash flows' value at present, applying a specific rate of return.
Compound Interest
Compound interest is the addition of interest to the principal sum of a loan or deposit, where interest in the next period is then earned on the principal sum plus previously accumulated interest.
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