3 ms·
The correct calculation isn’t too hard either. If currency halves in purchasing power in 25 yrs, that means inflation is 100% in 25 years, so (1 + r)^25 =
by rkowalick 1y ago
The correct calculation isn’t too hard either.
If currency halves in purchasing power in 25 yrs, that means inflation is 100% in 25 years, so
(1 + r)^25 = 2
r = 2^(1/25) - 1 ~ 2.8%
- nonethewiser 1y agoIn terms of being able to do it in your head, its a lot harder.