Some of my more fervent readers were disappointed that I didn't post a formula for my calculation. So without further adieu…
where: M == Frequent deposit (5.5 million) q == The frequency of M (for example 12, for a deposit each month, I used 1) i == Interest rate (.0005) n == number of years (80) P == Principle (population)
2 comments:
DORK!
You would think that a guy with a new baby at home would not have this much time on his hands...I guess it is winter...no corn to stare at.
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