April 3, 1882 - Jesse James (pictured) was shot in the back and killed for a bounty of $5,000.At 5% compounded quarterly, the reward would be worth $2,491,643.75 today, ignoring taxes.
At 7.5%, the principal today would be $54,048,155.62.
At 8%, $99,782,845.68
12%, $13,109,386,170.96
16%, $1,643,007,907,898.34
4 comments:
Well how about that! That's enough to invent aa time machine and go back to do it.
-- david
I am guessing this math wasn't done by the salesman from the other week who couldn't figure out your calculator.
Wow. He looks like a punk in that picture.
Thanks for writing this.
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