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discount stereo

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1) "Discount" -- As to discount stereo 1dis·count Pronunciation: 'dis-"kaunt Function: noun 1 : a reduction made from the gross amount or value of something: as a (1) : a reduction made from a regular or list price (2) : a proportionate deduction from a debt account usually made for cash or prompt payment b : a deduction made for interest in advancing money upon or purchasing a bill or note not due 2 : the act or practice of discounting 3 : a deduction taken or allowance made Pronunciation Symbols See also Discounts and allowances. For the band, see Discount. In finance and economics, discounting is the process of finding the present value of an amount of cash at some future date, and along with compounding cash forms the basis of time value of money calculations. The discounted value of a cash flow is determined by reducing its value by the appropriate discount rate for each unit of time between the time when the cashflow is to be valued to the time of the cash flow. Most often the discount rate is expressed as an annual rate. To calculate the net present value of a single cash flow, it is divided by one plus the interest rate for each period of time that will pass. This is expressed mathematically as raising the divisor to the power of the number of units of time. As an example, suppose an individual wants to find the net present value of $100 that will be received in five years time. There is a question of how much is it worth presently, and what amount of money, if one lets it grow at the discount rate, would equal $100 in five years. Let one assume a 12% per year discount rate. NPV = 100 dollars divided by 1 plus 12% (0.12) divided by 1 plus 12% (0.12), etc. Since 1.125 is about 1.762, the net present value is about $56.74. So, an economy where money loses 12% of its value/purchasing power every year, how will it "feel" like having 100 $ in five years? Well, it will "feel" like having $56.74 now. So the interest rate you be charged at the bank will be very high to compensate for this fact. The following link has a tutorial on discount mathematics: Tutorial on discount mathematics 1 Discount rate 2 Discount factor 3 Other discounts 4 External links 5 See also 5.1 Lists The discount rate which is used in financial ..." 2) "Stereo" -- As to discount stereo 1ste·reo Pronunciation: 'ster-E-"O, 'stir- Function: noun Inflected Form(s): plural ste·re·os 1 : STEREOTYPE 2 [by shortening] a : stereophonic reproduction b : a stereophonic sound system Pronunciation Symbols Label for 2.0 sound, Stereo. Stereophonic sound, commonly called stereo, is the reproduction of sound, using two or more independent audio channels, through a symmetrical configuration of loudspeakers, in such a way as to create a pleasant and natural impression of sound heard from various directions, as in natural hearing. It is often contrasted with monophonic (or "monaural") sound, where audio is in the form of one channel, often centered in the sound field (analogous to a visual field). The word "stereophonic" ā€” derived from Greek stereos = "solid" and phŨnÄ“ = "sound" ā€” was coined by Western Electric, by analogy with the word "stereoscopic". In popular usage, stereo usually means 2-channel sound recording and sound reproduction using data for more than one speaker simultaneously. In technical usage, stereo or stereophony means sound recording and sound reproduction that uses stereographic projection to encode the relative positions of objects and events recorded. A stereo system can include any number of channels, such as the surround sound 5.1- and 6.1-channel systems used on high-end film and television productions. However, in common use it refers to systems with only two channels. The electronic device for playing back stereo sound is often referred to as "a stereo". During two-channel stereo recording, two microphones are placed in strategically chosen locations relative to the sound source, with both recording simultaneously. The two recorded channels will be similar, but each will have distinct time-of-arrival and sound-pressure-level information. During playback, the listener's brain uses those subtle differences in timing and sound-level to triangulate the positions of the recorded objects. Stereo recordings often cannot be played on monaural systems without a significant loss of fidelity. Since each microphone records each wavefront at a slightly different time, the wavefronts are out of phase; as a result, constructive and destructive interference can occur, if both tracks are played back on the same speaker. This phenomenon is ..." 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