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| Forum » General » Money in the bank | Date | |
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Should I remove the money in the bank every Monday and deposit back to gain maximum profit or may I let it as it is? | 29/01/2015 16:28 |
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no leave it in until u have to use it btw u must repay your loan asap no point in having deposits and loans at same time in fact a loan should only be used as a last resort and for very short periods of time - never pay back over 25weeks |
29/01/2015 16:51 |
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I'm still lost in this deposit aspect, I still don't know how to maximize profit. let's say I have 500m in my deposit and am paying a weekly salary of 21m,and the interest earned from the deposit is 300,000 the first week,and increases to 500k the second week. does this mean my weeklies will be -500,000 or the nee 200k that was added? |
29/01/2015 18:35 |
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The money in the deposits doesn't increase, so it will be the same unless you hire another deposit. | 29/01/2015 18:46 |
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im talking about the interest | 29/01/2015 18:54 |
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Edited by abbey_yung 29-01-2015 18:56 |
29/01/2015 18:55 |
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abbey_yung said: im talking about the interest The same, 300k. Edited by SuTaGar 29-01-2015 19:13 |
29/01/2015 19:09 |
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abbey_yung said: im talking about the interest Say if you have 4 deposits of 10m each in the bank. Each of those will give you interest amount 53,846 for each. But I'm guessing this will maximize starting from the end of the first week if you happened to invest on a Monday. In short, the first week will not give you the full amount, probably because the interest wasn't counted for the time passed after the starting of the week. e.g., I invested 10m on 19 jan, i.e., Monday, so I got only 49,675. and I get 134,615 on a 25m deposit which amounts to the full interest as per the rate. |
29/01/2015 19:42 |
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deposits are rubbish anyways u should use cash to invest in youth - u can spend 100m on one player train him and sell for 1bn 2 seasons later why fuss about making 500k - 10m per week this is not going to help u win div 1 or sm cup stop being accountants we all h8 them why try to be one in a game that we play for fun  |
29/01/2015 21:03 |
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deposits are rubbish anyways u should use cash to invest in youth - u can spend 100m on one player train him and sell for 1bn 2 seasons later why fuss about making 500k - 10m per week this is not going to help u win div 1 or sm cup stop being accountants we all h8 them why try to be one in a game that we play for fun |
29/01/2015 21:03 |
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