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fullstackadam / money_time_warp.txt
Created October 13, 2019 16:28
Money Time Warp Answers
Compounding (Moving money forward in time)
1000 x (1 + .02) ^ 3 = 1061.208 = $1061.21
Discounting (Moving money backward in time)
1000 x (1 + .02) ^ -2 = 961.1687812379853 = $961.17