He had the math right for that. 8% per year = 0.6667% per month. 1.006667 ^ (4560 months) is what he calculated.
5 posted on 11/24/2010 12:41:41 PM PST by KarlInOhio
(All monopolies are detestable, but the worst of all is the monopoly of education. -Frederic Bastiat)