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John_Pig.
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- Wednesday, November 30th, 2022 at 07:35 #414143
Human-Yoghurt-5565
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I was trying to calculate how much a certain amount of fiat would be worth in 10 years and I came across [this gem](https://smartasset.com/investing/inflation-calculator). Anyone know how they can come up with this shit?Also, if I want to orange pill someone by telling them their fiat is worth less in buying power over time just by holding on to it, does anyone know how to calculate the number over multiple years?
Wednesday, November 30th, 2022 at 09:27 #414144John_Pig
To calculate future worth of money you use net present value, npv for short. Takes the value of future amount and bring it to today. You can do your own math in excel or Google sheets. That’s how those calculator webs do it.
https://en.m.wikipedia.org/wiki/Net_present_value
Or you can use the formula…
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