3 ms·
You are neglecting inflation. There was no way this secretary was saving $5000 a year 75 years ago - her yearly salary was mostly likely around that amount.
by hunter23 8y ago
You are neglecting inflation. There was no way this secretary was saving $5000 a year 75 years ago - her yearly salary was mostly likely around that amount.
- loeg 8y agoThe 6.2% return on investment is after subtracting inflation. Think of the $5k in 2018 dollars.
- Andre_Wanglin 8y agoI didn't need to consider inflation to make my point.