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| Forum » Doubts and questions » Deposits. | Date | |
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Whats the deposit of 7% of $200M? I got just 27k on each 100M????? Please simplify. |
13/01/2014 13:00 |
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When did you put them in ? | 13/01/2014 14:04 |
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@sabrefan62 said: When did you put them in ? one on tuesday, the other yesterday. |
13/01/2014 14:13 |
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100m of deposits will pay 7m of interest over the course of a full 13 week season. Interest in the week deposited is prorated based on when you put it in. If you pull it out early your get no interest. The one you did yesterday earned very little because it was so late in the week. I don't see that you did any transactions near 100m last Tuesday. I also see thst you were credited interest fir only one deposit, so it seems you may have removed any earlier deposits before interest was credited. |
13/01/2014 16:59 |
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@sabrefan62 said: 100m of deposits will pay 7m of interest over the course of a full 13 week season. Interest in the week deposited is prorated based on when you put it in. If you pull it out early your get no interest. The one you did yesterday earned very little because it was so late in the week. I don't see that you did any transactions near 100m last Tuesday.. (Answer). Amount Accumulations. And thanks Sabre.. Why is it that once iu loan cash that same day ,when returning it i'm being charged? I also see thst you were credited interest fir only one deposit, so it seems you may have removed any earlier deposits before interest was credited. Edited by Jurgen Kloppy 13-01-2014 17:13 |
13/01/2014 17:09 |
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Interest is only paid in deposits thst exist when the weekly expenses are processed on Sunday night. You don't get charged anything for taking out the deposit, you just don't get the interest. | 13/01/2014 17:19 |
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@sabrefan62 said: Interest is only paid in deposits thst exist when the weekly expenses are processed on Sunday night. You don't get charged anything for taking out the deposit, you just don't get the interest. Sorry, but i was talking about loans? I accuired 7M today returning it i was charged, it was like 5Minutes later i was returning it. |
13/01/2014 17:21 |
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Jurgen Kloppy said: @sabrefan62 said: Interest is only paid in deposits thst exist when the weekly expenses are processed on Sunday night. You don't get charged anything for taking out the deposit, you just don't get the interest. Sorry, but i was talking about loans? I accuired 7M today returning it i was charged, it was like 5Minutes later i was returning it. The charge is a disincentive to keep taking short term loans. If you don't want to pay the charge, don't take the loan.  |
13/01/2014 17:32 |
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Thanks |
13/01/2014 17:37 |
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