/biz/ - Business & Finance

Is APY applied to current amount remaining or original statement amount?
Example:
Borrow $100 at 5%
Pay $50 immediately
At month's end will I owe $5 or $2.5?

>>28521429
This is such a brainlet take.
First off, retard, how could anything on a site of retail investors, many of which are jobless, move any stock an even semi noticeable amount?
>already mooned
Moving .03 isn't mooning, you poorfag. So poor and yet so desperate for money that every upward motion is 'mooning' to you.
>4b shares
Yes thats a problem, I anticipate an eventual rev-split
>no revenue
Ceo&board will not take profit until company is profitable, they predict Q3. Sounds bullish to me.
>in debt
Learn about cashflows you absolute mong, most rich people are technically in debt, but the cash flows make that debt virtually meaningless. Furthermore, R&D takes a lot of money so for their product, which pushes the current limits of waveform physics(if their claims about its ability to work well are all true) no shit they'd be in debt currently. You seem like someone who found robinhood a year or 2 ago, made some gains on options, and now thinks he knows everything.
>this board is nothing but pnd
Yes I cant disagree there. And it's thanks to reddit/gme as well as posters like you.