Mayank

Chartered Accountant

[Mayank @mayankgupta1502]

@Imderekearnhart @iamiarah_ How is it impossible to know. There is another info, they are all on same road, and are now side by side.
Obviously c is going fastest

[Mayank @mayankgupta1502]

@CaesarS01964932 @adrianviewpoint @bjvillen @BoomerDivvies Yes, very valid point. Say she lives 70 more yrs, her decision is not bad, it's a very good return.Npv of 1 mill residual after 70 yrs, is only 65000 dollars.
And I don't see how a safe interest or dividend on 1 mill can return more than 1000 a week for a long period esp if taxed

[Mayank @mayankgupta1502]

@BoomerDivvies @adrianviewpoint At 4 perc p.a, 1 mill becomes 15.5 mill after 70 yrs.
1000 dollars weekly become 20 mill.
So how r u agreeing with him??
His example is completely wrong and actually her decision wud be right assuming 4%.

[Mayank @mayankgupta1502]

@adrianviewpoint @BoomerDivvies 1 million dollars invested at 4% p.a compounded annually becomes 15.5 mill after 70 yrs.
And 1000 dollars weekly invested at 4% becomes 20 mill after 70 yrs.
So at 4% she is intelligent and u r a fool, but at 5.5 percent or more it's a different story.

[Mayank @mayankgupta1502]

@adrianviewpoint @bjvillen @BoomerDivvies Your calculations is completely wrong. If 1 mill invested at 4% p.a , the 1000 dollars weekly is a better deal assuming she lives 70 yrs more. You are compounding the 40000 dollars, why r u not compounding the 52000 dollars she wud rcv every yr?

[Mayank @mayankgupta1502]

@thekiranbedi The only thing that matters is more children. We r moving towards 5cr popn by 2250 which is basically destroying ourselves. We need more children even if we hv 2 do crazy things. Even banning protection wud be acceptable. It's now or never.