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https://www.reddit.com/r/AskReddit/comments/1dof72c/you_can_have_5000_of_anything_that_starts_with_y/lafhvvj/?context=3
r/AskReddit • u/Previous-Ad3911 • 7d ago
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Never felt so rich with $8.37 in my savings account. Can’t even fathom what that to the 84th power would be.
161 u/IRealApex 6d ago 8.37E84 = 83,700,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000.00 8.3784 = ~3.22803675798E77 or 3,228,036,757,980,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000.00 6 u/MlKlBURGOS 6d ago That's not how it works. T = C * (1 + i/k) ^ nk (Total, (initial) Capital, interest, k=periods in a year, n=number of years) Assuming a monthly interest payment: T = 8.37 * (1 + (0.04/12)) ^ (5000*12) = 4e87€ Assuming a yearly interest payment: T = 8.37 * (1 + 0.04) ^ 5000 = 1e86€ 3 u/Schonke 6d ago Assuming a yearly interest payment: T = 8.37 * (1 + 0.04) ^ 5000 = 1e86€ Ahem, 1.27e86! Don't skim 2.7e85 euros from the poor bastard!
161
8.37E84 = 83,700,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000.00
8.3784 = ~3.22803675798E77 or 3,228,036,757,980,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000.00
6 u/MlKlBURGOS 6d ago That's not how it works. T = C * (1 + i/k) ^ nk (Total, (initial) Capital, interest, k=periods in a year, n=number of years) Assuming a monthly interest payment: T = 8.37 * (1 + (0.04/12)) ^ (5000*12) = 4e87€ Assuming a yearly interest payment: T = 8.37 * (1 + 0.04) ^ 5000 = 1e86€ 3 u/Schonke 6d ago Assuming a yearly interest payment: T = 8.37 * (1 + 0.04) ^ 5000 = 1e86€ Ahem, 1.27e86! Don't skim 2.7e85 euros from the poor bastard!
6
That's not how it works.
T = C * (1 + i/k) ^ nk
(Total, (initial) Capital, interest, k=periods in a year, n=number of years)
Assuming a monthly interest payment:
T = 8.37 * (1 + (0.04/12)) ^ (5000*12) = 4e87€
Assuming a yearly interest payment:
T = 8.37 * (1 + 0.04) ^ 5000 = 1e86€
3 u/Schonke 6d ago Assuming a yearly interest payment: T = 8.37 * (1 + 0.04) ^ 5000 = 1e86€ Ahem, 1.27e86! Don't skim 2.7e85 euros from the poor bastard!
3
Assuming a yearly interest payment: T = 8.37 * (1 + 0.04) ^ 5000 = 1e86€
Ahem, 1.27e86! Don't skim 2.7e85 euros from the poor bastard!
413
u/ttircdj 6d ago
Never felt so rich with $8.37 in my savings account. Can’t even fathom what that to the 84th power would be.