Kickass and New Car Prices


Richard Smith
CC BY 2.0, via Wikimedia Commons

By Bill Stokes

Kickass, the doorstop dog, reports  that the keeper recently lamented that if he could collect on a 70-year-old Army gambling debt of $32 with compound interest, it would be enough to buy a new car, which he will shortly be needing.  The keeper is to math as cats are to playing fetch.  However, friend John Wick messages that the keeper’s old debt of $32 at 6% over 70 years would payoff $1,890, which may not be enough to buy a new car these days, but was more than enough back in the youthful days of John Wick and the keeper.  In fact, for that sum of money you could buy three Model A Fords, new ones.

Thanks for the math and the memories, John.

Photo by Bill Stokes

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