| Forum » Foro Liga © The Olympus Circle™ C1 » Off-topic | Date | |
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Sambizzy said: Alright ladies, I'm set to 0% effort and ready to lazily dip my balls in your nets. I hope you enjoy it......  a skillful double entendre ... i would have said something like, you guys are getting teabagged, with a fine darjeeling |
26/04/2014 02:26 |
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oldfirm60174 said: Sambizzy said: Alright ladies, I'm set to 0% effort and ready to lazily dip my balls in your nets. I hope you enjoy it...... a skillful double entendre ... i would have said something like, you guys are getting teabagged, with a fine darjeeling hahaha, I love it. |
29/04/2014 01:26 |
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So, fun facts for the day. I was wondering what weekly income you get from investing money in the bank at 7% seasonal interest (is it by season? By year? I would posture that season is the measure as we increment ages by season) and I came up with some fun figures. I'll share the round numbers, as you don't want to see all 5000 rows of data, I assure you. Here is my math also, as I'm not very math savvy, so I might have messed it up. (deposit * (.07/38)) = weekly profit, with 38 being the number of total weeks in a season. If you want to make: 100k per week, deposit ~54.3 million 1 million per week, deposit ~550 million 10 million per week, deposit ~5.5 Billion 100 million per week, deposit ~55 billion 1 Billion per week, deposit ~543 billion 10 billion per week, deposit ~5.5 Trillion 100 billion per week, deposit ~55 trillion You can see the pattern, go for 55's!!  So the magic question is....how long would it take to save 5.5 billion??!! lol |
29/04/2014 01:38 |
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Each season is 13 weeks. It's simple interest here, so not compounded (which makes the calculations a lot easier)! Now the interest is 7%, this means that at the end of the season our investment will be 7% larger. This means that 7% extra is added in 13 even-sized amounts over the course of the season. Essentially, the interest is sort of being skimmed off the top of the principle each week rather than being added to the principle and then accumulating interest. Each week we therefore multiply our principle by 1+(0.07/13), and then subtract our initial investment to get the weekly interest. (p x 1 + (i / n)) - p = our weekly interest, where p = our initial investment, i = the interest rate (expressed as a decimal), and n = 13. Worked through: (1,500,000 principle x 1 + (0.07 / 13)) - 1,500,000 = (1,500,000 x 1.005384615...) - 1,500,00 = 1,508,077- 1,500,000 = 8,077 weekly interest So, if you know you want to make X weekly interest, you should invest: X / (i / n) Worked through: Imagine I want to make 8,077 weekly interest... 8,077 / (0.07 / 13) = 8,077 / 0.005384615... = 1,500,000 initial investment to make 8,077 weekly interest To double-check, let's go back to the start - remember, our investment will be 7% larger after a season. Our 1,500,000 investment will be 7% more healthy after 13 weeks, which equates to 105,000 in interest over the season. 105,000 / 13 weeks gives us....8,077 per week. Hope this makes sense (and I hope it's correct)! It's also important to remember that the weekly interest is only applicable for a principle in the deposits for a whole week. If you add the cash midweek you will get some fraction of the weekly earnings relative to how far through the week you deposit the cash, Edited by sicox86 29-04-2014 02:48 |
29/04/2014 02:14 |
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So, in essence Mr Bizzy, you've worked it out correctly, but with the wrong number of time intervals (38, rather than 13). As the 38 weeks you've used is about 3 times the 13 weeks I have shown, your needed deposits are coming out 3 times higher. To make 1m per week you need only have 185m in deposits. 1m per week = 13m over the course of the season. 13m as a % of 185m? 7%. |
29/04/2014 02:40 |
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well that is a much better rate! I'll re-calculate and edit my post! |
29/04/2014 03:05 |
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sicox86 said: Each season is 13 weeks. It's simple interest here, so not compounded (which makes the calculations a lot easier)! Now the interest is 7%, this means that at the end of the season our investment will be 7% larger. This means that 7% extra is added in 13 even-sized amounts over the course of the season. Essentially, the interest is sort of being skimmed off the top of the principle each week rather than being added to the principle and then accumulating interest. Each week we therefore multiply our principle by 1+(0.07/13), and then subtract our initial investment to get the weekly interest. (p x 1 + (i / n)) - p = our weekly interest, where p = our initial investment, i = the interest rate (expressed as a decimal), and n = 13. Worked through: (1,500,000 principle x 1 + (0.07 / 13)) - 1,500,000 = (1,500,000 x 1.005384615...) - 1,500,00 = 1,508,077- 1,500,000 = 8,077 weekly interest So, if you know you want to make X weekly interest, you should invest: X / (i / n) Worked through: Imagine I want to make 8,077 weekly interest... 8,077 / (0.07 / 13) = 8,077 / 0.005384615... = 1,500,000 initial investment to make 8,077 weekly interest To double-check, let's go back to the start - remember, our investment will be 7% larger after a season. Our 1,500,000 investment will be 7% more healthy after 13 weeks, which equates to 105,000 in interest over the season. 105,000 / 13 weeks gives us....8,077 per week. Hope this makes sense (and I hope it's correct)! It's also important to remember that the weekly interest is only applicable for a principle in the deposits for a whole week. If you add the cash midweek you will get some fraction of the weekly earnings relative to how far through the week you deposit the cash, Edited by sicox86 29-04-2014 02:48 Now, it's worth noting I simply plugged the math you gave into my spreadsheet, but here are revised numbers up to a trillion in deposits. deposit weekly interest $1,000,000.00 $5,384.62 $10,000,000.00 $53,846.15 $100,000,000.00 $538,461.54 $1,000,000,000.00 $5,384,615.38 $10,000,000,000.00 $53,846,153.85 $100,000,000,000.00 $538,461,538.46 $1,000,000,000,000.00 $5,384,615,384.62 The patience required would be maddening, but if you could get a trillion in the bank...LOL. |
29/04/2014 06:54 |
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I have a $100m interest in deposit. From previous experiences, I have discovered that when I remove the parent money, the interest doesn't reflect in my cash at hand. I talked to a few @s, and man, I didn't understand what they said --- all of them.  Now, I'm scared of removing the cash that brought forth the $100m. Any help? |
29/04/2014 19:41 |
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you get the interest on your deposit every week when the weekly expenditure is deducted,the interest is added. | 29/04/2014 19:59 |
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TONY FC said: you get the interest on your deposit every week when the weekly expenditure is deducted,the interest is added. Wow. For real? It wasn't like this some season's back. |
29/04/2014 20:03 |
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