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To: Squidpup

Re my #14 - I was right!

http://www.moneychimp.com/calculator/compound_interest_calculator.htm

1% 365 times results in a gain of 3778.343%

Upon reflection, I suspect the figure 3700% probably was arrived at by forward calculating 1% per day. ;^)


19 posted on 06/11/2007 2:09:47 PM PDT by headsonpikes (Genocide is the highest sacrament of socialism.)
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To: headsonpikes

“moneychimp” - is that like a trunk monkey?


20 posted on 06/11/2007 2:11:05 PM PDT by Squidpup ("Fight the Good Fight")
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