Quote:
Originally Posted by Aarongavey
Do you actually think that 538 million now is worth 27.58 million in year 1 (which happens to be next year)? Are we in some sort of massive deflationary crisis that I am unaware of? You think if the city left that money in reserved it would lose 95% if the value in 12 months?
Like I said, I did not think you would understand.
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Sorry, friend.
If you take 27.58 M, escalate 1% for 35 years (the basis of the figures presented) and calculate the NPV of that payment stream using 5% IRR, what do you get?
Only one person here is showing they don’t understand
Retweet and appeal to authority is fine. No further questions