Created
October 13, 2019 16:28
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Money Time Warp Answers
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| 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 |
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