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100 Placed At 7 Percent Interest Compounded Quarterly For 200 Years Will Increase To More Than $
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$100 placed at 7 percent interest compounded quarterly for 200 years will
increase to more than $100,000,000 -- by which time it will be worth nothing.
-- Lazarus Long, "Time Enough For Love"
Related:
Lani's Principles of Economics 1) Taxes are not levied for the benefit of the taxed.
2) $100 placed at 7% interest compounded quarterly for 200 years will increase to more than $...
100 invested at 7% interest for 100 years will become $
100,000, at which time it will be worth absolutely nothing....
Tilting at windmills hurts you more than the windmills.
-- Lazarus Long, from Robert A. Heinlein's "Time Enough For Love...
The difference between America and England is, the English think 100 miles is a long distance and the Americans think 100 years is a long time.
Never appeal to a man's "better nature." He may not have one.
Invoking his self-interest gives you more leverage....
A committee is a life form with six or more legs and no brain.
-- Lazarus Long, "Time Enough For Love...
A committee is a life form with six or more legs and no brain.
-- Lazarus Long, from Robert A. Heinlein's "Time Enough For Love...