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Calculating compound returns: 1 million at 10% monthly becomes 300 million in 5 years.

From Anthropic's $2 Trillion IPO: The Top of the AI Bubble? · jumps to 1:07:50 · speech

▶ Open at 1:07:50 on YouTube
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If you have a million dollars to your point, okay? And you earn 10% monthly over 5 years. This cannot be right. No, I don't want to annualize you, asshole. I want the interest. Okay, we're just going to do this. We'll pretend it's monthly. Assume this is monthly, okay?
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