To: R. Scott
$50,000 @ 6% (countinuous compounding) for 70 years is $3,334,268.59
19 posted on
05/05/2005 9:00:20 AM PDT by
4CJ
(Good-bye Henry LeeII. Rest well my FRiend. || Quoting Lincoln OR JimRob is a bannable offense.)
To: 4ConservativeJustices
A good way to beat inflation.
21 posted on
05/05/2005 9:06:04 AM PDT by
R. Scott
(Humanity i love you because when you're hard up you pawn your Intelligence to buy a drink.)
To: 4ConservativeJustices
Actually, since the name remained on the building undisturbed until now, I should think the payment would be straight principal. Although I suppose the UDC might be entitled to a Nuisance Fee approximately equal to what you propose! ;^D)
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