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PayPal's success in users and volumes was the product of a three-phase strategy described by former eBay CEO Meg Whitman: "First, PayPal focused on expanding its service among eBay users in the US. Second, we began expanding PayPal to eBay's international sites. And third, we started to build PayPal's business off eBay." [135]
In probability theory, the coupon collector's problem refers to mathematical analysis of "collect all coupons and win" contests. It asks the following question: if each box of a given product (e.g., breakfast cereals) contains a coupon, and there are n different types of coupons, what is the probability that more than t boxes need to be bought ...
Discount rate may refer to: Social discount rate (of consumption), the rate at which the weight given to future consumption decreases in economic models. Pure time preference, or utility discount rate, the rate at which the weight given to future utility decreases in economic models. Annual effective discount rate, an alternative measure of ...
KOCHI, India (Reuters) -Landslides swept through tea estates and villages in southern India's Kerala on Tuesday, killing at least 93 people, local media reported, after heavy rain collapsed ...
Moscow Mayor Sergey Sobyanin introduced the one-time signing bonus of 1.9 million rubles (about $22,000) for city residents who join the military, according to a statement on Tuesday. Anyone ...
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The reason given for the proposed postponement was so that McCain and Obama could return to Washington, D.C., in order to work on a legislative response to the unfolding financial crisis of 2007–2008. Obama rejected that idea, stating that "this is exactly the time when the American people need to hear from the person who, in approximately 40 ...
California has the highest base sales tax rate, 7.25%. Including county and city sales taxes, the highest total sales tax as of September 1, 2013, was in Arab, Alabama, 13.50%. [ 2] Sales tax is calculated by multiplying the purchase price by the applicable tax rate. The seller collects it at the time of the sale.
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