I’ll be interested to know if there is an actual answer – I always think because our brain is analysing time relative to how long we have been alive – for example, the 12 months between your 11th and 12th birthday is essentially 1/12th of you life whereas the 12 months between your 23rd and 24th birthday is 1/24th of your life. So in comparison to when you are younger, each year seems quicker because it is a smaller percentage of the life you have lived
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