this post was submitted on 04 Sep 2023
1355 points (87.0% liked)

Memes

45772 readers
1207 users here now

Rules:

  1. Be civil and nice.
  2. Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] -2 points 1 year ago

It's just a compound interest calculator https://www.getsmarteraboutmoney.ca/calculators/compound-interest-calculator/

Use this one to calculate the value with inflation (average historically is 3.25% over the last century) https://www.wealthmeta.com/calculator/compound-interest-calculator