The Present Value Proof is in the Workbook

Erik Kobayashi-Solomon

October 7, 2016

After our Busting the Myth of Discount Rates article was published, it was picked up by the editors on Seeking Alpha and republished there. A Seeking Alpha reader commented that my graph showing the present value of an annuity of $100 for 100 years and discounted at 10% could not be correct because it was …

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