this post was submitted on 29 Oct 2024
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Economy
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I think your math is a bit off. It's more like 56.3% annually over 50 years
My numbers are off, but I think you missed the part where they paid $18,200 for it. I had used the inflation-adjusted $90k previously. Using $18,200, the ROI is 8.64% - which isn't too bad.