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To: Toddsterpatriot
Remember that after the first round of 25% increases, the price continues to go up the higher of 2.5% or inflation.

So after 10 years of continuous 2.5% increases, (that is, the 11th or 12th year), they are up another 25%.

I didn't cover that case because it would take a spreadsheet to go over all of the possible scenarios.

25 posted on 05/21/2008 9:23:03 AM PDT by ikka
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To: ikka
And if you ignore the expense of repairs and actually running the thing, they can make trillions.
27 posted on 05/21/2008 9:29:07 AM PDT by Toddsterpatriot (Why are doom and gloomers, union members and liberals so bad at math?)
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