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/biz/ - Business & Finance

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53171026 No.53171026 [Reply] [Original]

>not having an amortization table for your pizza

>> No.53171041

>>53171026
Do Americans amortize? I thought you people just payed everything at the end and the monthly charges where just interest

>> No.53171047
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53171047

>>53171026
the pizza just tastes better with this level of capital efficiency.

>> No.53171058

Regarding that NG coin about ending the thread: am I retarded to expect that now?

>> No.53171070

>>53171058
What?

>> No.53171087

>>53171026
It's what smart money does. Instead of paying all of your pizza now, you pay in six weeks time so that 10 dollars has significantly devalued, making it easier to pay back.

>> No.53171116

>>53171041
>I thought you people just payed everything at the end and the monthly charges where just interest

i have no idea what you're trying to say. an amortization schedule is used to track principal and interest.

>> No.53171121

>>53171047
Yes I like to eat each sixth weekly as the money leaves my bank account too, it feels so satisfying

>> No.53171130

>>53171087
exactly. time value of money. if i'm paying 3% APY on a $10 pizza, i'm actually coming out ahead when i invest that same $10 in a 7% APY index fund. that $0.70 profit less capital gains will pay dividends when reinvested.

>> No.53171132

>>53171116
Yes, in my country we have different systems
>French
Every month amortization + interest is equal (obviously you pay more interest at the begining and less principal)
>German
You always pay the same amortization, first months are more expensive because there is more interest
>American
You just pay interest, till the end that you pay back your loan entirety

>> No.53171163

>>53171132
Amortization is just an accounting practice to track your payments…it’s a term used in business in America.. not personal finance

>> No.53171182

>>53171163
Yes, I'm not saying otherwise

>> No.53171207

>>53171132
that must be some weird personal finance thing. i work in accounting and i've done intercompany loan calculations for european subsidies of american parent companies. i've literally never calculated it like that in a business setting.

>> No.53171219

>>53171130
It’s like a credit card though (Mastercard system factually). You pay no interest, but there’s a hefty charge the vendor pays (over 10% here). This raises the price of pizza for everyone. It’s like when gas pumps had separate prices for cash/credit, but shifted to one price for all, the cash customers got the privilege of paying more (although now separate pricing has made a comeback).

>> No.53171230

>>53171207
>French
https://www.antonioalcocer.com/how-to-solve-a-banking-loan-french-method/
>German
https://economipedia.com/definiciones/sistema-de-amortizacion-aleman.html
>American
https://economipedia.com/definiciones/sistema-de-amortizacion-americano.html

Ignore the text and look at the tables, Is kinda standard and I though was international, not just in my country, Spain

>> No.53171243

>>53171230
damn that's weird. today i learned something new.

>> No.53172195

>>53171026

>not financing your pizza, freezing it, waiting for hyperinflation to massively increase the value of a pizza, then taking a Pizza Equity Line of Credit to buy more toppings for your pizza

ngmi

>> No.53172221

>>53171026
i thought the US was like 90% niggers. so this makes sense.

>> No.53172777
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53172777

>tfw Domino’s repo’d my ‘zza

>> No.53172793

Food futures contracts when?
Like giftcards but an nft redeemable for a large pizza with up to 3 toppings. Beat inflation by purchasing yours today.

>> No.53172820

>>53172793
>but an nft
stopped reading

>> No.53172854

>>53171087
Only retards buy pizza with their own money. Rich anons get a pizza loan and then invest their pizza money to earn 10% in the S&P 500. This is not to mention the value of the dollar dropping due to inflation. Lmao stay poor Dave Ramsey tards. Good debt makes you money