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anecdote.html
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!<!DOCTYPE html>
<html>
<head>
<meta charset="utf-8" />
<meta http-equiv="X-UA-Compatible" content="IE=edge">
<title>Compound Interest Calculator</title>
<meta name="viewport" content="width=device-width, initial-scale=1">
<link rel="stylesheet" href="https://stackpath.bootstrapcdn.com/bootstrap/4.1.3/css/bootstrap.min.css" integrity="sha384-MCw98/SFnGE8fJT3GXwEOngsV7Zt27NXFoaoApmYm81iuXoPkFOJwJ8ERdknLPMO" crossorigin="anonymous">
</head>
<body background="assets/dollar-sign.jpg">
<div class="container">
<div class="mx-auto mt-3 text-center">
<h3 style="color:dimgrey">Compound Interest Calculator</h3>
<h4 style="color:dimgrey">by Arshad Umrethi</h4>
</div>
<nav class="navbar navbar-expand-sm">
<div class="collapse navbar-collapse" id="navbarNavAltMarkup">
<div class="navbar-nav mx-auto">
<a class="nav-item nav-link mr-3 active" style="font-size: 16pt" href="index.html">Home</a>
<a class="nav-item nav-link mr-3 active" style="font-size: 16pt" href="path2billion.html">Path to $1 Billion</a>
<a class="nav-item nav-link active" style="font-size: 16pt" href="anecdote.html">An Anecdote</a>
</div>
</div>
</nav>
<div class="row">
<div class="col-6 mx-auto mt-3">
<div class="card-group">
<div class="card">
<div class="card-body">
<p>"Consider the Indians of Manhattan, who in 1626 sold all their real estate to a group of immigrants for $24 in trinkets and beads.
For 362 years the Indians have been the subjects of cruel jokes because of it - but it turns out they may have made a better deal
than the buyers who got the island. At 8 percent interest on $24 (note: let's suspend our disbelief and assume they converted the trinkets to cash)
compounded over all those years, the Indians would have built up a net worth just short of $30 trillion, while the latest tax records from the Borough of Manhattan
show the real estate to be worth only $28.1 billion. Give Manhattan the benefit of the doubt: that $28.1 billion is the assessed value, and for all anybody knows it may be worth twice that on the open market.
Either way, the Indians could be ahead by $29 trillion and change.. What a difference a couple of percentage point can make, compounded over three centuries" Peter Lynch</p>
</div>
</div>
</div>
</div>
</div>
</div>
</body>
</html>