By Garrett Sutton
This booklet finds how one can contain a enterprise, to guard your resources from the capability assault of collectors and to save lots of tax. It presents a transparent knowing of ways felony enterprise platforms and traditions have built through the years and the way the constructions for working a enterprise have advanced.
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Additional resources for Rich Dad's Advisors: Own Your Own Corporation: Why the Rich Own Their Own Companies and Everyone Else Works for Them
Example text
Let us suppose that Mr. John wants to discount a bill from Mr. S', while Mr. S'. It is clear that the contract cannot be reached, because each discounted amount is considered disadvantageous by at least one of the parties. 2) is satisfied. 2) is satisfied, but as favorable (or unfavorable) for one of the parties if the equations are not satisfied. Trade contracts between two supplies (T',S') and (T",S") give rise to simple financial operations. As already mentioned in Chapter 1: – if T" > T' (= loan or investment), the parties consider fair the interest S"-S' as the payment for the lending of S' from T' to T", as delayed payment in T"; then S" is called accumulated amount in T" of the amount S' lent in T'; Theory of Financial Laws 15 – if T" < T' (= discount or anticipation), both parties consider fair the interest S'-S" for the discount of S' from T' to T", as advance payment in T"; then S" is called discounted value from time T" of the amount S' to maturity T'1.
Unifying the cases T T' and T>T', we can talk of an exchange law given by a function f that gives the amount S' payable in T' and exchangeable2 with S payable in T. 4) where if T T' then f = fc, whereas if T >T' then f = fa . 1 Lending and discounting operations are the same thing because in both cases there is an exchange of a lower amount in a previous time for a greater amount in a future time. The only difference is that in the first case the lower and previous amount is fixed, whereas in the second case the greater and future amount is fixed.
The following definitions hold. Two per period interest (or discount) rates for different durations are said to be equivalent if they give rise to the same percentage of annual return and then, according to previous definitions, if they follow from the same financial law of interest (or discount). Two intensities of interest (or discount) for different durations are said to be equivalent if they correspond to equivalent rates, and then if they follow from the same financial law of interest (or discount).