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Old 10-22-2005, 06:43 PM
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Default Re: Ugly Duckling Investing

It's a 12% return the first year ($1200 divided by $10,000), then the return from the $1200 saved each year will slowly decline over time with the increase in the savings ($1200 divided by $11200 the second year comes to 10.7%) Of course, those are approximations since the money will likely be gaining compound interest along the way too.
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