If you invest $2 today in a savings account....

At 5% interest, in 30 years it will be worth $8.96 minus what the taxman takes.

And in 30 years this post, in Random Thoughts still wont get me a plus 1.

 

the obvious rep fishing tempts me to neg

 

I checked your math. Very good! Interest (compound) is A=Pe^r^t amount equals principle times e to the rate times time.

 

What I want to know is what bank is giving 5% interest on savings account? The savings account rates for the bank I work for are less than 1/2 a percent.

 

It's actually A=Pe^(rt)

not r^t... sorry I'm a math nerd

 

actually we are both right. saying the same thing in different ways its just a matter of semantics. also you made a typo when quoting me maybe that is the problem. after all, how would i get the right answer if the formula is wrong..

 

...which will probably leave you with a couple bucks.

See below.

Methinks it was a post count complaint and not a hint to get rep. My feeling can be illustrated by trying to comprehend the most sensitive device there is for measuring the most insignificant forces and realizing that we likely have developed something that can amplify the flap of a butterflies wings to a frequency and volume that would alter the orbital path of Jupiter around the sun and yet there is nothing in existence or on any drawing board that will be able to detect, much less amplify the force of concern I possess for such matters.

5% of worthless currency is the same as 0.5% Fiat motors will have to lend its name to our currency here in the US.

Nie!

 

Actually, reminded me of:




Robocop, now theres a movie I'd like to see get a redo

 

Did the post count stop going up for posts in RT again?