| ▲ | LeanOnSheena 3 days ago | |
He's explaining the time value of money but uses an example that accrues interest before any time has passed? | ||
| ▲ | globular-toast 3 days ago | parent [-] | |
He's explaining a bond, ie. it's a promise that you'll get back X+Y in Z years if you give up X now. | ||