food for thought:
If Christopher Columbus had placed a single penny in a 6 percent interest-bearing account and left the earned interest to compound -- earning interest upon the interest -- the resulting balance for 513 years would be $95,919,936,112. That's $95 billion!
If Christopher Columbus had placed a single penny in a 6 percent interest-bearing account and left the earned interest to compound -- earning interest upon the interest -- the resulting balance for 513 years would be $95,919,936,112. That's $95 billion!