{"id":140,"date":"2007-09-15T23:05:26","date_gmt":"2007-09-16T03:05:26","guid":{"rendered":"http:\/\/blogs.n1zyy.com\/n1zyy\/2007\/09\/15\/geek\/"},"modified":"2007-09-15T23:05:26","modified_gmt":"2007-09-16T03:05:26","slug":"geek","status":"publish","type":"post","link":"https:\/\/blogs.n1zyy.com\/n1zyy\/2007\/09\/15\/geek\/","title":{"rendered":"Geek"},"content":{"rendered":"<p>&#8220;Your mom is so old that she owes Jesus a quarter?&#8221;\n&#8220;Why would she owe him a quarter?&#8221;\n&#8220;Because she&#8217;s so old.&#8221;\n&#8220;Yeah, but why did she borrow a quarter?&#8221;\n&#8230;\n&#8220;She&#8217;d better hope Jesus doesn&#8217;t charge interest.&#8221;<\/p>\n<p>Clearly, we needed to calculate this. But there were some questions:<\/p>\n<ul>\n    <li>What interest rate would Jesus charge? We&#8217;re fairly certain that it&#8217;s un-Jesus-like to charge interest. One of my less-culturally-sensitive friends pointed out that Jewish bankers were generally hated in ancient times for usury, so we settled on 10%.<\/li>\n    <li>How long ago was the investment? The obvious answer, 2007, doesn&#8217;t make sense, since Jesus probably wasn&#8217;t loaning people money as an infant. We settled on 1,990 years. At age 17, Jesus may have loaned someone a quarter.<\/li>\n<\/ul>\n<p>I don&#8217;t have a financial calculator handy, so I had to use a web-based form.  Not many of them worked that well. $2.97 came up fairly often. Frustrated, we just used the Future Value formula. Jesus is apparently owed $5.88 x 10<sup>81<\/sup>.<\/p>\n<p>This shows why interest rates really matter. If she had negotiated a 5% interest rate, she&#8217;d owe only $3.67 x 10<sup>41<\/sup>.  But if she put it on a credit card, where 27% is more typical&#8230; She&#8217;d owe $9.28 x 10<sup>205<\/sup>.<\/p>","protected":false},"excerpt":{"rendered":"<p>&#8220;Your mom is so old that she owes Jesus a quarter?&#8221; &#8220;Why would she owe him a quarter?&#8221; &#8220;Because she&#8217;s so old.&#8221; &#8220;Yeah, but why did she borrow a quarter?&#8221; &#8230; &#8220;She&#8217;d better hope Jesus doesn&#8217;t charge interest.&#8221; Clearly, we &hellip; <a href=\"https:\/\/blogs.n1zyy.com\/n1zyy\/2007\/09\/15\/geek\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-140","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/blogs.n1zyy.com\/n1zyy\/wp-json\/wp\/v2\/posts\/140","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.n1zyy.com\/n1zyy\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.n1zyy.com\/n1zyy\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.n1zyy.com\/n1zyy\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.n1zyy.com\/n1zyy\/wp-json\/wp\/v2\/comments?post=140"}],"version-history":[{"count":0,"href":"https:\/\/blogs.n1zyy.com\/n1zyy\/wp-json\/wp\/v2\/posts\/140\/revisions"}],"wp:attachment":[{"href":"https:\/\/blogs.n1zyy.com\/n1zyy\/wp-json\/wp\/v2\/media?parent=140"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.n1zyy.com\/n1zyy\/wp-json\/wp\/v2\/categories?post=140"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.n1zyy.com\/n1zyy\/wp-json\/wp\/v2\/tags?post=140"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}