For Econ

For Econ
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  • Hello yes I want open account please thank you
  • Hello, welcome to Bank.
  • I'm going to deposit my principle of 23$
  • I saved it over time, by always saving a portion of my paycheck every week
  • Wow, how did you make that much money!?
  • What kind of interest do you want
  • This is short interest man he likes to stand on desk
  • I want compunding interest, since compounding interest allows me to make money off of my principal and previous interest earnings, instead of just a fixed interest rate on my principle
  • Sure thing then, your rate is .10 percent
  • Then, by the rule of 72, I can determine it will take 720 years to double my money
  • wow, you are very smart man
  • thank you I learned this all from my 12th grade Econ teacher
  • He sounds like a fine gentleman 
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