PDA

View Full Version : Mathematics

Lonely
January 17th, 2003, 19:56
Ok, folks, here's something to think about.

You have 5000,- Bucks on your current account.
And you want to make as much money as you can in 5 years.

Your bank offers you this:
5 years with 10% interest every year.
OK, that sounds good.
After three years you terminate this contract because you need some money.
But this one is running for 5 years.
So you have to pay 8% fees.

Question:
How much money do you have?

Please post the result only, nothing else.
And do it on your own.
Thank you.
Padgett
January 17th, 2003, 20:28
$6122.60
-=DoW=- SmokieRat
January 17th, 2003, 20:32
$5900
Lonely
January 17th, 2003, 20:45
Ok there we go, two different results. Wanna see some more.

1st price
You're allowed to throw 2 (in words two) smokers for one round.

Just to remind you - results only.
IsZi
January 17th, 2003, 21:40
$6,322.60

This should be right now... or I am wrong.
Acedeal
January 17th, 2003, 22:35
$ 0.00
Kryten121
January 18th, 2003, 00:03
$6522.60 assuming you only pay 8% on the interest.
$6122.60 if you take 8% off the entire ammount
IsZi
January 18th, 2003, 00:23
Nice breakdown, Kry
D.Dynamit
January 18th, 2003, 08:07
-=D.Dynamit

after 3 years you earned 300 ,so you got 5300
Bogey63
January 18th, 2003, 08:32
$ 2600.00
Lonely
January 18th, 2003, 09:31
Please no comments, the result only.
You can comment this at the end, tomorrow, Sunday.
Don't understand me wrong. I don't want, that some of you get
affected by one or another post.

Thank you.
Ace1988
January 18th, 2003, 15:08
lol
deadly pollack
January 19th, 2003, 04:37
6122.60
thats what i came up with