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flags discount

Comprehensive Analysis

1) "Flags" -- As to flags discount 1flag Pronunciation: 'flag also 'flAg Function: noun Etymology: Middle English flagge reed, rush : any of various monocotyledonous plants with long ensiform leaves: as a : IRIS; especially : a wild iris b : SWEET FLAG Pronunciation Symbols The Dannebrog, national flag of Denmark. The oldest state flag still in use. A flag is a piece of woven cloth, often flown from a pole or mast, generally used symbolically for signalling or identification. The term flag is also used to refer to the graphic design employed by a flag, or to its depiction in another medium. The first flags were used to assist military coordination on battlefields and flags have evolved into a general tool for rudimentary signalling and identification, especially in environments where communication is similarly challenging (such as the maritime environment where semaphore is used). National flags are potent patriotic symbols with varied wide-ranging interpretations, often including strong military associations due to their original and ongoing military uses. Flags are used in messaging, advertising, or for other decorative purposes, though at this less formal end the distinction between a flag and a simple cloth banner is blurred. The study of flags is known as vexillology, from the Latin vexillum meaning flag or banner. 1 History 2 National flags 3 War flags 4 Flags at sea 5 Shape and design 6 In sports 7 Swimming flags 8 Railway flags 9 Flagpoles 10 See also 11 References 12 External links Although flag-like symbols were used in some ancient cultures, the origin of flags in the modern sense is a matter of dispute. Some believe flags originated in China, while others hold that the Roman Empire's vexillum was the first true flag. Originally, the standards of the Roman legions were not flags, but symbols like the eagle of Augustus Caesar's Xth legion; this eagle would be placed on a staff for the standard-bearer to hold up during battle. But a militar..." 2) "Discount" -- As to flags discount 1dis·count Pronunciation: 'dis-"kaunt Function: noun 1 : a reduction made from the gross amount or value of something: as a (1) : a reduction made from a regular or list price (2) : a proportionate deduction from a debt account usually made for cash or prompt payment b : a deduction made for interest in advancing money upon or purchasing a bill or note not due 2 : the act or practice of discounting 3 : a deduction taken or allowance made Pronunciation Symbols See also Discounts and allowances. For the band, see Discount. In finance and economics, discounting is the process of finding the present value of an amount of cash at some future date, and along with compounding cash forms 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. Most often the discount rate is expressed as an annual rate. To calculate the net present value of a single cash flow, it is divided by one plus the interest rate for each period of time that will pass. This is expressed mathematically as raising the divisor to the power of the number of units of time. As an example, suppose an individual wants to find the net present value of $100 that will be received in five years time. There is a question of how much is it worth presently, and what amount of money, if one lets it grow at the discount rate, would equal $100 in five years. Let one assume a 12% per year discount rate. NPV = 100 dollars divided by 1 plus 12% (0.12) divided by 1 plus 12% (0.12), etc. Since 1.125 is about 1.762, the net present value is about $56.74. So, an economy where money loses 12% of its value/purchasing power every year, how will it "feel" like having 100 $ in five years? Well, it will "feel" like having $56.74 now. So the interest rate you be charged at the bank will be very high to compensate for this fact. The following link has a tutorial on discount mathematics: Tutorial on discount mathematics 1 Discount rate 2 Discount factor 3 Other discounts 4 External links 5 See also 5.1 Lists The discount rate which is used in financial ..." 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