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Interest Help?

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Kuwait | 🌈 G.S.D.s For PRIDE 🌈 |
December 17th, 2020 1:43:21am
3,062 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?Β 




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Jaya β€’ Wrongs will be righted if we're united
December 17th, 2020 10:51:46pm
28,766 Posts

-in shock at that much money-




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mango πŸ‘ keep me alive, keep me believing
December 18th, 2020 4:13:44pm
2,927 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 β€’ Wrongs will be righted if we're united
December 18th, 2020 4:17:33pm
28,766 Posts

lol Mango!




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Kuwait | 🌈 G.S.D.s For PRIDE 🌈 |
December 18th, 2020 6:41:39pm
3,062 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.Β 


@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 β†’ 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 lolΒ 




 

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Eyre β€οΈπŸ§‘πŸ’›πŸ’šπŸ’™πŸ’œπŸ–€
December 18th, 2020 9:48:38pm
10,327 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 | 🌈 G.S.D.s For PRIDE 🌈 |
February 6th, 2021 2:54:49pm
3,062 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 πŸͺ½
February 6th, 2021 3:41:06pm
4,417 Posts

@mango, plz do my math homeworkΒ 




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Naima {Ω†ΨΉΩŠΩ…Ψ©} βœοΈπŸ‡ΊπŸ‡² Happy Independence Day!! πŸ‡ΊπŸ‡²
February 6th, 2021 3:55:38pm
2,466 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 πŸͺ½
February 6th, 2021 3:58:20pm
4,417 Posts

i can respect that, nad lol


i struggle so much with math lol




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