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Topic: Discount

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	Discount - Wikipedia, the free encyclopedia
		In finance, discounting is the process of finding the current value of an amount of cash at some future date, and along with compounding cash from the basis of time value of money calculations.
		The discounted value of a cash flow is determined by reducing its value by the appropriate discount rate for each unit of time between the time when the cashflow is to be valued to the time of the cash flow.
		The discount rate which is used in financial calculations is usually chosen to be equal to the cost of capital.
	en.wikipedia.org /wiki/Discount (534 words)

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	The Discount Foundation (Site not responding. Last check: 2007-11-06)
		With Sue Chinn (former Executive Director of Discount), he co-founded NFG's Working Group on Labor and Community and he recently joined the steering committee of Grantmakers Concerned with Immigrants and Refugees.
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		Avoid peak hours of travel such as early morning and late afternoon; mid-day departures and red-eyes are often cheaper.
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	Federal Reserve Bank of Minneapolis - Discount Rates (Site not responding. Last check: 2007-11-06)
		The discount rates are the interest rates that depository institutions will be charged for credit.
		Notarized affidavits of discount rates are available from the Minneapolis Fed's Secretary's Office.
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