Re:New institute aims to make Toronto an ‘intellectual centr...
by davidgay on Thursday March 30, 2017 @01:40AM
(#13993201)
Hmm, no. Each per-year saved amount is compounded by the same multiplier k after N years (assuming the same interest rate), so if you start with 1.5x more, you end up with 1.5x more.
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Re:New institute aims to make Toronto an ‘intellectual centr...
by lewisl9029 on Thursday March 30, 2017 @01:54AM
(#13993245)
You're totally right. I clearly wasn't thinking straight when I made that comment.
There is still plenty of inherent value in accumulating wealth at a faster pace though.