3 ms·
$1/year for a billion years isn't worth a billion dollars. It's essentially a perpetuity, which is worth $1 / the prevailing interest rate. If that rate is 5%
by andymcsherry 9y ago
$1/year for a billion years isn't worth a billion dollars. It's essentially a perpetuity, which is worth $1 / the prevailing interest rate. If that rate is 5%, you're only worth $20