FoxTrot Classics by Bill Amend for September 13, 2010
Transcript:
Jason: Woohoo! Peter: What? Jason: This analyst thinks the federal reserve may hike rates as much as a quarter percent next month. Peter: So? Jason: So Dad often forgets ot pay me my allowance the exact minute it's due. Peter: The power of cofounding interest. Jason: Already this year he owes me three-tenths of a penny!
Let us see, if this story arc dates from 1999, the using compound interest … whew, Rodger better plan on working another few years past retirement. Then again, he can just keep borrowing from Jason like our country does from China … raman noodles for Breakfast through dinner.