Comments on Profile Post by The_Y0sh

  1. Krysyy
    Mar 4, 2019
  2. The_Y0sh
    Mar 4, 2019
  3. The_Y0sh
    The_Y0sh
    I know how to do this just wanted to have other people figure it out lol
    Mar 4, 2019
  4. ShyguytheGamer1
    ShyguytheGamer1
    .5 interest rate? What bank is Suzy going to? Tell her to get out of H&R Block!
    Mar 4, 2019
  5. ZombieSlayer010
    ZombieSlayer010
    Suzy should have invested in ETFs... Or at least a mutual fund. Or if she's old and just doesn't want to lose the money then a CD.
    Mar 4, 2019
  6. Otus_NigRum
    Otus_NigRum
    P x R x T
    Mar 4, 2019
  7. Gawadrolt
    Gawadrolt
    make me
    Mar 4, 2019
  8. Rhycicles
    Rhycicles
    A=20000*1.005^t, where t is the months after she invests and A is the amount of money she has
    Mar 4, 2019
  9. FalloutHood55
    FalloutHood55
    20,000(1.005/12)^t*12 T=time. Funny thing is I was studying this for a quiz tomorrow
    Mar 4, 2019
  10. Rhycicles
    Rhycicles
    Might want to study a bit more :P
    1.005/12 gives a value of 0.08, which means Suzy would lose money each month
    Mar 4, 2019
  11. FalloutHood55
    FalloutHood55
    It's compounded monthly, has to be divided by 12
    Mar 4, 2019
  12. Rhycicles
    Rhycicles
    T is divided by 12, the 1.005 stays the same
    Mar 4, 2019
  13. The_Y0sh
    The_Y0sh
    lol it would be A=20,000(1+(.005/12))^t (i think lol)
    Mar 4, 2019
  14. Rhycicles
    Rhycicles
    That works too
    Mar 5, 2019
  15. FalloutHood55
    FalloutHood55
    Before I went to bed I realized that mistake, and that you have to divide the rate by 12 before adding it to 1
    Mar 5, 2019