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Government Common Core HSA-REI.A.1 resources

Preview of Continental Congress and the Power of Exponential Growth

Continental Congress and the Power of Exponential Growth

Created by
sam lashlee
More than 200 years ago, a wealthy Pennsylvania merchant named Jacob DeHaven lent $450,000 to the Continental Congress to rescue the troops at Valley Forge. That loan was apparently never repaid.The descendants say that they are willing to be flexible about the amount of a settlement and that they might even accept a heartfelt thank you or perhaps a DeHaven statue. But they also note that interest is accumulating at $190 a second. New York Times May 27, 1990
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