2 ms·
Does that factor in compounded interest? I tried asking wolfram alpha but it keeps trying to calculate a mortgage.
by Danieru 14y ago
Does that factor in compounded interest?
I tried asking wolfram alpha but it keeps trying to calculate a mortgage.
- omonra 14y agoIt uses official rate of inflation to calculate: http://www.wolframalpha.com/input/?i=350000+usd+in+1981+worth+today http://www.wolframalpha.com/input/?i=350000+usd+in+1981+wort...
- Danieru 14y agoBut it does not include any compounded interest. If you invested 350K in corporate bonds what would that be worth today? This is much closer to what the ticket buyers actually did.