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Compound interest: Difference between revisions
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(Adding a more sci-fi interpretation of this economic concept) Tags: Mobile edit Mobile web edit 2017 source edit |
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[[The Monk]] placed [[pound sterling|£200]] in a [[London]] [[bank]] in [[1968]] and then travelled forward [[2168|two hundred years]] to pick up a fortune in '''compound interest'''. ([[TV]]: ''[[The Time Meddler (TV story)|The Time Meddler]]'') | [[The Monk]] placed [[pound sterling|£200]] in a [[London]] [[bank]] in [[1968]] and then travelled forward [[2168|two hundred years]] to pick up a fortune in '''compound interest'''. ([[TV]]: ''[[The Time Meddler (TV story)|The Time Meddler]]'') | ||
[[Symington]] and [[Blenkinsop]] charged compound interest of five minutes per hour per hour on their time loans. [[Amy Pond]], who admitted to having little understanding of [[economics]], misinterpreted this as "five minutes per hour", and so inadvertently racked up a debt of ten years. Fortunately for her, she did not ultimately have to pay this debt, since the Doctor successfully managed to bring down the company. ([[PROSE]]: ''[[Borrowed Time (novel)|Borrowed Time]]'') | [[Symington]] and [[Blenkinsop]] charged compound interest of five minutes per hour per hour on their [[Time Harvester|time loans]]. [[Amy Pond]], who admitted to having little understanding of [[economy|economics]], misinterpreted this as "five minutes per hour", and so inadvertently racked up a debt of ten years. Fortunately for her, she did not ultimately have to pay this debt, since the Doctor successfully managed to bring down the company. ([[PROSE]]: ''[[Borrowed Time (novel)|Borrowed Time]]'') | ||
[[Category:Economics from the real world]] | [[Category:Economics from the real world]] | ||
