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To: csmusaret; DaxtonBrown

Subtracting 1% per year means that each year is 99% of the previous year.


24 posted on 06/09/2012 5:53:32 AM PDT by CPOSharky (zero slogan: Expect less, pay more. (apologies to Target))
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To: CPOSharky
Subtracting 1% per year means that each year is 99% of the previous year.

If you continue that for 100 years, the total after year 100 is about 36.6% of the beginning amount.

(According to an Excel spreadsheet I set up using the Fill command.)

25 posted on 06/09/2012 6:08:23 AM PDT by savedbygrace (But God.)
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