Suppose you are given the choice to take Rs 10,000 today or Rs 11,000 after a year? Most people would take Rs 10,000 right away because who knows if there will be money to be taken a year later. Now a financially savvy individual is likely to do the basic math that for Rs 10,000 of today to become Rs 11,000 a year later means that the money has to grow at 10 per cent for a year. Based on this new information, one may opt for the second option if 10 per cent gain is a good deal, and if not, stick to taking Rs 10,000 today and use it the way they feel best.
Diese Geschichte stammt aus der June 27, 2022-Ausgabe von India Today.
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Diese Geschichte stammt aus der June 27, 2022-Ausgabe von India Today.
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Shuttle Star
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Prayaag Akbar's new novel delves into the complexities of contemporary India
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INDIA'S BEATING GREEN HEART
Ramachandra Guha's new book-Speaking with Nature-is a chronicle of homegrown environmentalism that speaks to the world
A NEW LEASE FOR OLD FILMS
NOSTALGIA AND CURIOSITY BRING AUDIENCES BACK TO THE THEATRES TO REVISIT MOVIES OF THE YESTERYEARS
