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by ajd
Mon Sep 05, 2011 4:24 am UTC
Forum: Individual XKCD Comic Threads
Topic: 0947: “Investing”
Replies: 148
Views: 35046

Re: 0947: “Investing”

If you compound continuously (which I believe most banks do, you use the formula (principal) * exp(annual rate * number of years), which I calculate coming out to $1,221 for this example...still lower than the comic says.

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