Apologies if there is already a thread on this -- could not find it.
Love the PrepCast, but I think there is an error in PrepCast Episode E07.05 that listeners should be aware of. At ~16.50 minutes, the PrepCast uses (1 + 12) to mean 1 + 12%. It should be (1 + 0.12). The difference is of course huge.
Instead of the PV = 450 dollars (0.00045 million), the actual is PV = about 712,000 dollars. The error is so obvious it hardly needs mentioning, but it should be corrected anyway. Thanks for the PrepCast, overall it is a fantastic resource and a very reasonable cost.