The Boomer BibleA Testament for Our Times · by R. F. Laird
VICE-PRESIDENT WAYNE’S FORMULAS · FOR THE

DREXELITES Chapter 4

BASIC is much better than English
Chapter 4
I suspect that the baccountants are probably having a tough time with the math here,
2Since I know from experience that anything with cGreek letters in it is confusing to accountants,
3And so I’d like to restate this basic problem one more way, as follows:
4Let x be the Future Value in dollars of all the hope saved up over 5,000 periods,
5Assuming a quite generous discount rate of 10 percent,
6And assuming that the initial period is the year 3000 B.C.,
7Just to keep things even.
8Using the dstandard equation, we find that, FV=A⋅1−(1+r)−rr⋅(1+r)tFV = A \cdot \frac{1 - (1+r)^{-r}}{r} \cdot (1+r)^{t}
9Where r stands for the rate,
10And t stands for the number of periods,
11And A stands for the average annual increment of hope generated.
12When we compute the actual numbers,
13We discover that FV = 0,
14Which means that x = 0,
15eResulting in a dollar value of $0.00 worth of saved-up hope for Mankind.
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Chapter 4 / 12