Tag: Howard Hughes rate of return

Answer To The Howard Hughes Rate of Return Test


People are not intuitive about compound interest problems so  you need to learn a way to approximate rates of return. On Friday I presented this problem. Howard Hughes inherited $400,000 and died 53 years later worth $2,000,000,000.  What was his average rate of return?… Continue Reading “Answer To The Howard Hughes Rate of Return Test”

%d bloggers like this: