To: Dog Gone
"Kinda thinking out loud as I'm typing, that's paying $50,000 early over 10 years to save $100,000, or a 200% return on my investment. Annualized, that's 20%,"
Actually it's a 100% return, which annualizes to a 7.18% return.
(Rule of 72.)
96 posted on
06/02/2003 7:09:04 PM PDT by
Tauzero
To: Tauzero
If I invest 50,000 and make 50,000, that looks like a 100% rate of return to me. Or am I somehow not getting my 50,000 invested back?
99 posted on
06/02/2003 7:14:33 PM PDT by
Dog Gone
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