I its calculation correct and if so for what frequency of , Econometrics

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I its calculation correct and if so for what frequency of

The Web site www.timetravelfund.com discusses investing $1 at 5% interest, which it says will be worth $39,323,261,827.22 in 500 years. Is its calculation correct, and, if so, for what frequency of compounding? If you wish, you may also discuss how good an investment you think this site provides.

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