Topic: Own a willow tree (Read 4544 times)

Tom · « **Reply #15 on:** June 14, 2012, 08:47:22 AM »

You'd only need 12.2% interest from a bank to get �1000 after 20 years, due to compound interest.

But still - you won't find any banks offering that and cricket bats are much more fun!

tim2000s · « **Reply #16 on:** June 14, 2012, 08:50:45 AM »

Tom, given that banks are only offering 2%, that �100 in trees to get �900 back in 20 years doesn't look so bad... Although once you introduce the time value of money and the discount rate you'd be looking at, it's probably more like �500 return based on cash in hand today.

Author Topic: Own a willow tree (Read 4544 times)

Tom

Re: Own a willow tree

tim2000s

Re: Own a willow tree