He should have asked for a penny a day, and put it into his 5% (continually compounding) interest account. If your mom lives to March 14, 2071, and has $225 to give your little entreprenuer over that time, (according to my almost certainly inccorect calculations) he just might have made out just as well.
Yes, I was quite wrong indeed. I now contend your mom would have to live 298 more years... Perhaps Joseph's art house can be turned into an elaborate money laundering hut? Or better yet, Nick could start an illegal hedge fund?
2 comments:
He should have asked for a penny a day, and put it into his 5% (continually compounding) interest account. If your mom lives to March 14, 2071, and has $225 to give your little entreprenuer over that time, (according to my almost certainly inccorect calculations) he just might have made out just as well.
Yes, I was quite wrong indeed. I now contend your mom would have to live 298 more years... Perhaps Joseph's art house can be turned into an elaborate money laundering hut? Or better yet, Nick could start an illegal hedge fund?
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