Comment: Why compound it with 5% anually

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Why compound it with 5% anually

The lowest rate of interest during those years was a CD. It was for those whom wanted no risk. The average during those years was 6%

http://www.forecast-chart.com/interest-cd-interest.html And use a compound yearly interest rate calculator http://www.moneychimp.com/calculator/compound_interest_calcu... It's not rocket science. It's good old NORMAL business.