Letter to the Editor: What’s it worth?

To the Editor:

In the early 2000s, Allamakee County had a million dollar surplus. The last I read in the paper it was put in a Waukon bank on interest.

Now, by the Rule of 72, if it was on interest, say, for two percent, it would double in 36 years. So, it’s been 18 years. Gee, we only have 18 years to go.

Who’s in charge of such a mass amount of money? But it’s growing.

Earl Jones
Harpers Ferry

 

Rate this article: 
Average: 2.1 (7 votes)