matpro

joined 2 years ago
sorted by: new top controversial old
As a bike rider, I forget this is a thing. Asked my neighbor, he pays $350/month in insurance alone ๐Ÿ™ƒ in c/[email protected]
[โ€“] [email protected] 8 points 4 months ago (1 children)

Your math is ignoring compound interest. 40 years of monthly installments of 554 earning 8% would ultimately compound to $3.2M