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【Casual Chat】About the Points Bank

2017-08-08View Original

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Many people may notice that the interest rate on fixed-term deposits is 0.72%, which can be expressed as 9/1250 when using two numbers whose greatest common divisor is 1. In other words, depositing 1250 units of wealth for one month earns an interest of 9 units of wealth. How much does that one interest amount need to be deposited? 1250/9 is approximately 139; therefore, the interest is 0 when the deposit amount is less than 139. It is best for the deposit amount to be an integer multiple of 139.
Reply #22017-08-08
It’s so troublesome – 0.72%? Just divide 100 by 0.72, that’s all there is to it
Reply #32017-08-08
=138.8888888888, it will have decimal places.
Reply #42017-08-08
=138.8888888888, it will have decimal places.
Reply #52017-08-08
Originally, there wasn’t much wealth available; now there’s no shortage of it, and it’s done just for fun.
Reply #62017-08-08
I also saved some, but I haven’t withdrawn it yet; I hadn’t thought of calculating it this way

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