I lost a one dollar wager with a schoolmate in 1964 and never came good on it. How much do I owe now, considering interest and inflation?

Question

Update:

Seriously, I'm not a child doing homework.  This is real.

Answer 1

$2.  A 100% profit should be sufficient.

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Answer 2

At least $8 from inflation. How much you owe in interest will depend on the term (rate and how often). 

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Answer 3

He died and the window for any dependents to claim the debt has since expired. Money owed? $0

• Ozzie Klunk

  Lv 6

  8 months agoReport

  He's not dead.
  

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