Archive for December 27th, 2007

A penny saved…

December 27, 2007

futurama.jpgIn the Futurama episode “A Fishful of Dollars” (Season 1, Episode 6), Fry goes to the bank to check the balance on his old account. The teller explains, “OK, you had a balance of 93¢…and at an average of 2 ¼% interest over a period of 1000 years, that comes to 4.3 billion dollars.”

Question: Was the interest compounded annually, quarterly, or monthly? Click for the answer and loads of copyright info on the Title Screen