XPost: ca.politics, alt.california, alt.abortion   
   XPost: alt.drugs.abuse, talk.politics.drugs   
   From: a425couple@hotmail.com   
      
   On 12/7/2019 2:54 PM, Regulation Of Commerce wrote:   
   >   
   > There is 2%-2.5% inflation per year, 20%-25% per decade.   
   >   
   OK,   
   So, we can see that either   
   #1  Your education never included compound interest,   
   or   
   #2  You were not paying enough attention to that lesson.   
      
   What level of schooling have you finished?   
   What is the highest level class in economics you took?   
      
      
   "Compound interest - meaning that the interest you earn each year is   
   added to your principal, so that the balance doesn't merely grow, it   
   grows at an increasing rate - is one of the most useful concepts in   
   finance. It is the basis of everything from a personal savings plan to   
   the long term growth of the stock market. It also accounts for the   
   effects of inflation, and the importance of paying down your debt."   
      
   --- SoupGate-DOS v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)