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Through play,children learn for themselves important information about their world.
Present Value
The contemporary valuation of a sum of money to be received in the future, or of ongoing cash flows, based on an agreed upon return rate.
Cash Flows
The total amount of money being transferred into and out of a business, especially as affecting liquidity.
Discount Rate
The interest rate used in discounted cash flow analysis to determine the present value of future cash flows, reflecting the time value of money and risk of the cash flows.
Present Value
The current worth of a future sum of money or stream of cash flows, given a specified rate of return; it quantifies the concept of time value of money.
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