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Posts: 6,445 | Thanked: 20,981 times | Joined on Sep 2012 @ UK
#2986
Originally Posted by juiceme View Post
But what do you care whether it is compound intest or not?
I don't. Whether the €300 I paid 4 years ago is now worth €600 or €750 is academic to me. But I can understand those to whom the €150 difference is significant.

2%/month is ridiculous anyway
Agreed. When it was announced, I took it as a sign that the team were confident to finish the project on a reasonable time scale. The 2%/month promise fooled me into believing that they knew what they were doing. Yes, I was that naive.
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