You should keep in mind that you'll have that much after 5,000 years. What is it going to be actually worth after that long? How much of the actual value will be eaten up by inflation.
No. Inflation has been more than 4%. This person's bank account was $0 LONG ago and owes maintenance fees. This assumed we are just jumping forward 5000 years and letting whatever happen.
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u/Addisonian_Z 5d ago
Any online calculators I quickly searched do not allow anywhere near 5000 years and I’m on my phone, not my computer.
The notecard math though says at 4% interest you will double your money every 18 years leading to you doubling it a little over 277 times.
If you have $1.00 now you will end around 1084 which puts you well above the 1080 theorized atoms in the known universe. Not a bad amount of cash.