3 ms·

for sure, but you're missing the tax avoidance bit. Without tax avoidance, compound interest does nothing at most reasonable levels of r and t.

• zeroxfe 7y ago
  I don't follow your logic. Compound interest grows capital exponentially, while taxation is linear. So, while tax avoidance helps, it's not necessary.
  • jgalt212 7y ago
    1.10^50 is 10X 1.05^50 taxes do a lot to flatten the distribution.