Quote:
Originally Posted by Peter_Spaeth
Am I right or wrong on the first point, you're a numbers guy and I'm just a lawyer?  |
Just based on a quick look, the math appears to be an annual return.
For example, for the first item, going from ~$1,500 to ~$15,000 from start to finish would be about a 1,000% return in the aggregate. So since we’re dealing with about 16 years, it’s going to be a lot less on an annual basis with annual compounding. I would have expected less than the 137% quoted here, but certainly a return approaching 80-100% per year.
Maybe when I’ve got my laptop handy, I can double check the math instead of just trying to do it in my head. Or one of the other math savants loitering around here will beat me to it.