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  1. I get that too, but that's APR cpd monthly : ...

    I get that too, but that's APR cpd monthly : .0207021 * 12 = .248425 = 24.84%
    Compounding effect brings it to 27.88% effective:
    1.020721^12 - 1 = .27875722 = ~27.88%
  2. Let's have some fun DrP! amount = 5000 fee =...

    Let's have some fun DrP!
    amount = 5000
    fee = 500
    pay't % = 10
    term = 6 months

    I get .0207021 monthly = 1.020721^12 - 1 = .27875722 = ~27.88% effective
  3. YES; your printout matches mine exactly... ...

    YES; your printout matches mine exactly...

    Looks like taraK needs to get used to Excel...or another looper program...
  4. Well, if that's the case, then my previous post...

    Well, if that's the case, then my previous post changes slightly to:

    Borrower borrows $7000; pays back $7210 over 24 months.:
    so has use of $7000 (BALANCE1 below)
    Lender will book a $7210 loan...
  5. Yepper TK: (1 + L) is definitely required...to...

    Yepper TK: (1 + L) is definitely required...to get the given answer...
  6. If x = 3, then x^2 - 2x - 3 = 0 ; oh oh :shock:

    If x = 3, then x^2 - 2x - 3 = 0 ; oh oh :shock:
  7. Replies
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    Well, you got 10 fingers, so you at least can add...

    Well, you got 10 fingers, so you at least can add the first 4 :idea:
  8. Thread: Jomo_Denis

    by Denis
    Replies
    11
    Views
    224

    Ah geezzz I'm broke: perhaps Jomo will lend it to...

    Ah geezzz I'm broke: perhaps Jomo will lend it to me??
  9. Was having another look at this "loan thing"....

    Was having another look at this "loan thing".
    Borrower borrows 7000; pays 210 right away as fee:
    so has use of 6790 (BALANCE1 below)
    Lender will put this 210 in "revenue", and book a 7000 loan...
  10. Thread: Jomo_Denis

    by Denis
    Replies
    11
    Views
    224

    Ahhhh Mark....looks like you received my 20...

    Ahhhh Mark....looks like you received my 20 bucks...:p
  11. Thread: Jomo_Denis

    by Denis
    Replies
    11
    Views
    224

    https://www.youtube.com/watch?v=_TylXmhf8Xk

    https://www.youtube.com/watch?v=_TylXmhf8Xk
  12. Thread: Jomo_Denis

    by Denis
    Replies
    11
    Views
    224

    S'that my post-mortem?

    S'that my post-mortem?
  13. :p

    :p
  14. Replies
    2
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    99

    Easiest way is to weigh it before the...

    Easiest way is to weigh it before the drying.....:rolleyes:

    HEY: I'm fast approaching 10 posts!!
  15. If I was you, I'd be sHocked :p Made me...

    If I was you, I'd be sHocked :p

    Made me remember "sock it to me...sock it to me" from Rowan & Martin's Laugh In ...
  16. Thread: Simplify a Surd

    by Denis
    Replies
    4
    Views
    100

    Nice observation K.S.D :rolleyes:

    Nice observation K.S.D :rolleyes:
  17. Thread: Simplify a Surd

    by Denis
    Replies
    4
    Views
    100

    Book is wrong, you're correct. You can "see"...

    Book is wrong, you're correct.

    You can "see" this by simply evaluating each version:
    u = sqrt(5)

    (3 + 2u) / u = 3.3416... (original)

    (2 + 3u) / 5 = 1.7416... (book)

    (3u + 10) / 5 =...
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    120

    Can be done this way: step 1: 1 grows to 2 in...

    Can be done this way:

    step 1: 1 grows to 2 in 4.5 periods, so 1/4.5 per period.

    step 2: 2 grows to 4 in 2/(1/4.5) = 9 periods

    step 3: add 'em up
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    :p I'm the one who was tortured...mainly by...

    :p

    I'm the one who was tortured...mainly by Jomo!

    HEY: this is post#3!

    Join Date:Feb 2004
    Location:Ottawa, Ontario
    Posts:3
  20. Replies
    4
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    138

    Vanished posts...

    Yesterday, I suddenly got this message:
    "You have been banned for the following reason:
    No reason was specified.
    Date the ban will be lifted: Never"

    At first, thought it was a joke.

    Was able...
  21. Testing.... Edit: My 1st post after Subhotosh...

    Testing....

    Edit:
    My 1st post after Subhotosh went to bat for me and removed the "ban"!!
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