I can't figure this out!

[Amethyest]

If you start with 100$..... money that you just say oh well let's see what happen's, live your live normally, make 5% compounded daily on that original 100$.....how many day's would it take to become a person holding an account over 1 million dollars? :0corn

 

[Sportsaholic]

Sad thing is, someone will actually figure this out....................:0003

 

[Amethyest]

nay :nono: the sad thing is most won't take the time :toast:

 

[JOSHNAUDI]

Sad thing is, someone will actually figure this out....................:0003

189 days :facepalm:

 

[Cie]

1000000=100(1+.05/365) raised to the power of 365x


X = number of years it would take to reach your figure

 

[Grama]

where can you make 5% daily?

 

[Cie]

If layinwood is correct, then x would equal 189/365

 

[Amethyest]

189 days :facepalm:

intresting eh?

 

[JOSHNAUDI]

intresting eh?

Yeah - you think my buddy would call me Josh

If layinwood is correct

 

[Cie]

intresting eh?

On the other side, but good luck with your play:SIB

 

[Cie]

Yeah - you think my buddy would call me Josh

Lol

 

[Amethyest]

where can you make 5% daily?

every where, everyone just want's to make a 1000 dollars a night, loose that mind frame and the world can be your's:0008

 

[Amethyest]

nay :nono: the sad thing is most won't take the time :toast:

truly this is the sad thing :shrug:

 

[marine]

every where, everyone just want's to make a 1000 dollars a night, loose that mind frame and the world can be your's:0008

You think you can find somewhere that will give you 5% interest, daily, compounded for an indefinite period of time?

You sure you don't mean 5% per year compounded daily?

 

[marine]

If you start with 100$..... money that you just say oh well let's see what happen's, live your live normally, make 5% compounded daily on that original 100$.....how many day's would it take to become a person holding an account over 1 million dollars? :0corn

at 5% a year interest, it will take you literally, forever to get to 1 million.

25 years invest is going to put you at a balance of about 350.

 

[hedgehog]

one NFL Sunday :0003

 

[yyz]

at 5% a year interest, it will take you literally, forever to get to 1 million.

25 years invest is going to put you at a balance of about 350.

I think he is talking about "winning" 5% every day.

Still a ridiculous goal, but better than trying to turn $100 in to $1000 in a weekend.

 

[The Joker]

where can you make 5% daily?

Fading Nole. :facepalm:

 

[marine]

I think he is talking about "winning" 5% every day.

Still a ridiculous goal, but better than trying to turn $100 in to $1000 in a weekend.

screw that noise. He should just martingale it. Will get to that million way quicker.

 

[Amethyest]

once you have a few books offering live play....it's easier than you think, first couple of day's you make 5$, and you say this is stupid!! :nono: little over time produces lot's :0074 :toast:

hope the book's don't hate me for this :SIB