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Interest Help?

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Kuwait | The Alsatian King | ᓚᘏᗢ |
December 17th, 2020 1:43:21am
2,710 Posts

I'm no good at math, so I was wondering if someone could help me figure this out.


In my bank on this account, I have $1,501,413,536


This gives me $600,565 interest per week.


How much would I need to gain 1m per week? 




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Jaya • Those who don't try never look foolish
December 17th, 2020 10:51:46pm
24,602 Posts

-in shock at that much money-




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mangobi-wan ✨ hello there
December 18th, 2020 4:13:44pm
2,908 Posts

So we earn 0.4% interest on bank savings. That means in order to earn 1mil per week, you need to set up the following equation:

BALANCE x 0.0004 = 1mil

Rearrange for BALANCE:
BALANCE = 1mil / 0.0004

You need 2.5 billion HPD in your savings to earn 1mil HPD weekly.

(I knew my math degrees would be useful one day xD)




 

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Jaya • Those who don't try never look foolish
December 18th, 2020 4:17:33pm
24,602 Posts

lol Mango!




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Kuwait | The Alsatian King | ᓚᘏᗢ |
December 18th, 2020 6:41:39pm
2,710 Posts

@Jaya : Ikr? Been a long time saving extra monies from contests, tix, training and when I remember to make shows which is rarely. Plus selling uppies when I can, and the occasional game of Tetrimino. 


@Mango : THANK YOU! I'm crap at math, so would never have been able to figure that out. X]




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`NEKE-A-SAURUS → up in smoke
December 18th, 2020 7:01:15pm
12,807 Posts

-eyes bank account- hmmmm.




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BANNED
December 18th, 2020 7:53:40pm
28 Posts

I apparently need to start selling stuff again to save up my money lol 




 

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Eyre • hello spring
December 18th, 2020 9:48:38pm
9,803 Posts

Yeah, that's never gonna happen even if I tried really, really hard....I'm too much of an impulse shopper stingy Scrooge. lol




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Kuwait | The Alsatian King | ᓚᘏᗢ |
February 6th, 2021 2:54:49pm
2,710 Posts

Now that I've moved all my monies from all my accounts onto my retirement, I have the required amount for the 1m weekly interest! :D




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Event Coordinator ephemira 🎵 gucci 🪽
February 6th, 2021 3:41:06pm
4,319 Posts

@mango, plz do my math homework 




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N.adhima 🏖 28 more days of school!!!
February 6th, 2021 3:55:38pm
2,058 Posts

I know right?! Thats why I became a preschool teacher. No math involved other than counting, number identification, etc. So basically all the easy stuff.




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Event Coordinator ephemira 🎵 gucci 🪽
February 6th, 2021 3:58:20pm
4,319 Posts

i can respect that, nad lol


i struggle so much with math lol




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