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by fragmede
1362 days ago
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> In 20 years, did the population suddenly increase by 20%? I hate to break it to you, but let's say the population grew a measly 1% per year. Thanks to the way compounding interest grows, after 20 years, that is about a 20% increase compared to 20 years ago. (1.01^20 = 1.22) |
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