Quote:
Originally posted by gothweb
Nope. The interest I calculated is on half the amount, which is the average over the life of the spend, right? Technically, the breakdown would be different every year, but it should come out about like that.
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Ah, yes. Didn't calculate that through.
However, why then spend part of the 1.6 million? Wouldn't you have almost the same amount of money to spend if you left the big chunk of cash intact?