Posts Tagged ‘eye of sauron’

Part II – Compound Interest and Wealth

By The Banker | Blog Posts, Personal Finance, Wall Street

Compound Interest Math Formula – The Most Powerful Math in the Universe Please see my earlier post, Part I – Why don’t they teach this math in school? For the sake of blowing the lid off this vast cone of silence, here’s the compound interest formula: Future Value = Present Value * (1+Yield)N This is

Tags: compound interest, discounted cash flows, eye of sauron, wealth
Posted in Blog Posts, Personal Finance, Wall Street | 4 Comments »

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  I founded Bankers Anonymous because, as a recovering banker, I believe that the gap between the financial world as I know it and the public discourse about finance is more than just a problem for a family trying to balance their checkbook, or politicians trying to score points over next year’s budget – it is a weakness of our civil society. For reals. It’s also really fun for me.

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