Re: Newbes, mechanical systems, expectancy, etc.

["Lionel Issen" <lissen@xxxxxxxxxxxxxx>]

I entered the wrong numbers, thanks for catching my mistake.

The formula is p*(1 + i)*n.  where p is starting amount, i is interest per
period and n is the number of periods.

hence 1.00*(1+18)*3=6859  still quite impressive. If Igor started with
$10,000. he'd have $68.59 millions at the end of 3 years - assuming a
consistent rate of return.

Lionel Issen
lissen@xxxxxxxxxxxxxx
----- Original Message -----
From: <Macromnt@xxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Tuesday, October 23, 2001 3:40 AM
Subject: Re: Newbes, mechanical systems, expectancy, etc.


> Sorry but $1:00 at 1,800% yearly interest rates it seems to me that it
makes
> $5,832 after 3 years. Very impressive anyway and nobody has never done it
on
> a consistant basis. Otherwise he would have all the money of the world
under
> management!!!
>
> Jean Jacques