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> If dude had put a dollar a day in a saving account with compound interest he would be ready to retire soon. This is plainly wrong. Saving $1 per day, at 7% i
by wikibob 6y ago
> If dude had put a dollar a day in a saving account with compound interest he would be ready to retire soon.
This is plainly wrong. Saving $1 per day, at 7% interest, would net about $15,000 after 20 years.
See for yourself: https://financialmentor.com/calculator/compound-interest-calculator https://financialmentor.com/calculator/compound-interest-cal...
- carapace 6y agoOk, yes, but you know what I mean.