One of the few I can pinpoint without clear drawbacks is the discovery by Fibonacci of Pisa in the late 12th century of the use of discounting to establish present values for different cash flows.

 
  • 我能想到的为数不多没有明显缺憾的创新之一,是意大利比萨的斐波纳契(Fibonacci)12世纪末的一项发现,他用贴现来显示不同现金流的现值。
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