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/biz/ - Business & Finance


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54737434 No.54737434 [Reply] [Original]

wondering if /biz/ can help me with a math problem if i start off with 10k and i lose 0.2% a day, how much will i have left after a year?

i cant do 365x0.002 because that would be assuming i lose 0.2% a day from my initial, but every day it decreases

>> No.54737448

>>54737434
Bout 3.50

>> No.54737482

$9,980.02
Just google compound interest calculator next time

>> No.54737487

>>54737434
if you can't do this simple math, you will probably lose more than 0.2% a day.
hint: answer is _ _.1556855%

i've omitted the most important 2 digits to encourage you to do the math yourself.
i've given you the rest so you can verify your answer.

>> No.54737498

>>54737482
Sorry I'm drunk and misread it
$4,815.57

>> No.54737645

>>54737434
10000 x 0.998^365 = 4,815.57

>> No.54737719

>>54737434
Just use excel formula

>> No.54737875

more of the girl?

>> No.54738026
File: 300 KB, 512x512, 1653603593342.png [View same] [iqdb] [saucenao] [google]
54738026

>>54737434
I'm getting tired of these lust provoking images

>> No.54738046

>>54738026
sorry fren needed an answer, but if you're serious about it you can just shift + left click to hide the thread. provided you have 4chan x addon

thats what i do for nnn

>> No.54739564

>>54737448
10000(.998)^365

>> No.54739581

>>54737434
>i cant do 365x0.002 because that would be assuming i lose 0.2% a day from my initial, but every day it decreases
actually yeah you can because the figure is so small it will come out virtually the same as a compound interest calculator would tell you

>> No.54739589

>>54738046
What the fuck, I didn't know. Holy shit you saved my browsing experience. 19 years in 4chan btw.

>> No.54739815

>>54739589
you dont need 4chanx to hide a thread. just click on the arrow on the right of the thread -> hide thread. how can you not know this retard

>> No.54739849

>>54739815
4chan does one thing right and it's gatekeeping how the site works (which words are filtered, how to reply even, etc). It makes newniggers easy to spot.

>> No.54739907

>>54737434
why would you ask /biz/ this, and not chat-gpt or someone who actually knows?