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Re: sillyinvestor post# 732869

Thursday, 08/15/2024 9:03:09 AM

Thursday, August 15, 2024 9:03:09 AM

Post# of 749756
Corrections: He stated $22.67, not $27.67.

Inflation does not add to the amount it reduces the buying power. So, $22.67 @ 6% for 16 years comes to $57.59. With 3% inflation it reduces your buying power to $35.89

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