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07-09-2006, 03:00 AM | #1 | |
Highwind Pilot
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Interest Rate
what's the current interest rate in the bank and how often does it update
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07-15-2006, 10:32 AM | #2 |
Highwind Pilot
Join Date: Jun 2006
Location: Celsius Airship
Age: 34
Posts: 638
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Re: Interest Rate
(1) depends how much gil you got in bank and (2) per day; to be more specific say if you last deposit gil at 9:55 pm so you have to wait that time the next day.
Thanks to ChocoboMan Last edited by b4ttl3w4r5; 07-15-2006 at 10:50 AM. |
07-15-2006, 06:03 PM | #3 |
Swordmaster
Join Date: Jun 2006
Location: ? ? ? ? ?
Age: 30
Posts: 1,315
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Re: Interest Rate
what do you mean thanks to Chocoboman.you don't know what the interest rate is.the more money you got in the bank the more interest you'll get.
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07-15-2006, 06:23 PM | #4 |
Moogle Farmer
Join Date: Jun 2006
Location: Venus Lighthouse
Age: 32
Posts: 193
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Re: Interest Rate
yeah i have to agree with that the more gil you have in the bank the higher your interest will get. Right now i have 1500 gil in my bank and the next day the bank gave me 30 gil interest check it out for yourself.
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07-15-2006, 08:23 PM | #5 | |
Highwind Pilot
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Re: Interest Rate
no, i'm talking about percentage wise. i know what interest is and i know how it works. i was asking is it like 5% per day, 3% per day or what
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07-16-2006, 11:19 AM | #6 |
Highwind Pilot
Join Date: Jun 2006
Location: Celsius Airship
Age: 34
Posts: 638
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Re: Interest Rate
i just pmed my friend in my clan and he said that there's no percent interest
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07-16-2006, 04:00 PM | #7 | ||
Highwind Pilot
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Re: Interest Rate
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07-16-2006, 06:03 PM | #8 |
Highwind Pilot
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Re: Interest Rate
There is interest in the bank? O.o! and if what chocoboman said is true then u get 2% intereset daily.
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07-16-2006, 07:35 PM | #9 |
Highwind Pilot
Join Date: Jun 2006
Location: Celsius Airship
Age: 34
Posts: 638
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Re: Interest Rate
I don't know but my friend in my clan told me that. Maybe ChocoboMan is right, it could be 2%. Maybe we should ask arkacia or something.
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07-16-2006, 08:31 PM | #10 |
Highwind Pilot
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Re: Interest Rate
Well if he checks out this thread than we should definately get an answer
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07-17-2006, 05:18 PM | #11 | |
Highwind Pilot
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Re: Interest Rate
i checked it out myself and the daily interest rate is approx. 1.9918%
in other words, each day you leave you money in the bank, you will have about 1.9918% (+/- .001%) more Gil than you did the day before. that's how daily interest works folks.
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07-29-2006, 02:34 AM | #12 |
Swordmaster
Join Date: Jun 2006
Location: ? ? ? ? ?
Age: 30
Posts: 1,315
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Re: Interest Rate
oh,that's cool.but couldn't they put it to 2%
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08-02-2006, 02:39 PM | #13 |
Moogle Farmer
Join Date: Jul 2006
Posts: 173
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Re: Interest Rate
couldn'tthey put it at like15%!!!!!!
jk!! but really, couldn't they??? |
11-28-2006, 11:51 PM | #14 |
Swordmaster
Join Date: Jun 2006
Location: ? ? ? ? ?
Age: 30
Posts: 1,315
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Re: Interest Rate
the interest rate is exactly 1.884%.
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11-30-2006, 07:28 PM | #15 | |
No Scoped
Join Date: Jan 2006
Location: Ohio
Age: 32
Posts: 1,561
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Re: Interest Rate
If it is 1.884% and I have 551961gil in the bank then tomorrow I should have 1,039,894.524 gil.
Now thats abviously wrong because 5 days ago I was getting 9000 a day. in 5 days I did not get a 550+% increase. Your decimal is probably in the wrong spot. It may be 0.1884. The way you do perecent is [(O-N)/O] where O = Original, N = New. USE THIS TO FIGURE OUT YOUR AVERAGE PRECENT GROwTH PER DAY FOR A WEEK OR SO. Since people seem to be getting incredibly odd percent changes I'm guessing that the %formula is either a function or it grows expodentionally (spelled that one wrong) probably the later. When I have my gil number for tomorrow I'll find out which one and if it is a function make an equation and then a chart so anyone can find out what their gil growth rate will be. If it isn't a function then I don't feel like making an equation were X is Squared. Someone else can do that or better yet Shaggy can just look it up. ChocoboMan Quote:
-0.02(-1) = 0.02 1500 (1.02) =...1530!!!!!!! For ChocoboMan his growth rate was 0.02 (Money = 1.02x + 1500) However, I'm guessing that this equation grows expodentinally so it will be 0.02 for that day. Maybe 0.021 the next, and so on and so forth. EDIT: I'm such a dumb@$$. I was thinking they already had it is math terms that I'm used to. What 1.884% really means is 1.0884 which if multiplied by 551961 = 600754.352. does make sense. It is probably a bit high because that is 8-ish percent of my gil and if a real life bank had an interest rate of 8% per day (which I am converting to 1 month because banks due interest rates in terms of months or years) it would fail.
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"Gimme Elixir!" "Gimme Elixir!" oddball Last edited by Tiny Bronco; 11-30-2006 at 07:52 PM. |
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