Historians have estimated that the beads used to buy Manhattan Island were worth about $24. If that amount of money had been placed in an account earning 5% interest for the 400 years since that transaction , it would now be $7,176,800,429.97.
August 09, 2014
Historians have estimated that the beads used to buy Manhattan Island were worth about $24. If that amount of money had been placed in an account earning 5% interest for the 400 years since that transaction , it would now be $7,176,800,429.97.