Explain the difference between the discount rate and the discount factor.
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Explain the difference between the discount rate and the discount factor.
Discount RateDepending upon the context, the discount rate has two different definitions and usages. First, the discount rate refers to the interest rate charged to the commercial banks and other financial institutions for the loans they take from the Federal...
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The discount rate is a percentage rate and applies ...View the full answer
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Related Book For 
Systems Analysis and Design in a Changing World
ISBN: 978-1305117204
7th edition
Authors: John W. Satzinger, Robert B. Jackson, Stephen D. Burd
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