Search found 1 match
- Mon Dec 23, 2024 8:05 am
- Forum: Loan Database
- Topic: Compound interest and its impact on exponential growth
- Replies: 0
- Views: 3
Compound interest and its impact on exponential growth
Furthermore, we tend to consider ourselves rational and view projections of large numbers as magical thinking. Paradoxically, we perceive these projections as intelligent and we don't want that to happen to us. This cognitive bias leads us to be conservative in our estimates and to not fully exploit ...