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The average household size was 2.25 and the average family size was 2.95. The median age in the city was 39.5 years. 25% of residents were under the age of 18; 9.1% were between the ages of 18 and 24; 24.2% were from 25 to 44; 25.1% were from 45 to 64; and 16.5% were 65 years of age or older.
Trade discounts are given to try to increase the volume of sales being made by the supplier. The discount described as trade rate discount is sometimes called "trade discount". Trade discount is the discount allowed on retail price of a product or something. for e.g. Retail price of a cream is 25 and trade discount is 2% on 25.
Renaissance was founded in 1982 by James Simons, a mathematician who formerly worked as a code breaker during the Cold War. In 1988, the firm established its most profitable portfolio , the Medallion Fund, which used an improved and expanded form of Leonard Baum 's mathematical models , improved by algebraist James Ax , to explore correlations ...