Principal = $10 000
Interest rate = 1% daily.
Interest profit is accumulated daily into a separate profit pool and will not be compounded unless transferred into the investment account. There is a transaction cost to transfer the funds as follows :
<$100 = $32
<$200 = $53
<$500 = $67
<$1000 = $73
<$2000 = $88
<$4000 = $108
<$8000 = $118
At what intervals should I transfer from profit pool to investment account for maximum profit over 90 days.
Interest rate = 1% daily.
Interest profit is accumulated daily into a separate profit pool and will not be compounded unless transferred into the investment account. There is a transaction cost to transfer the funds as follows :
<$100 = $32
<$200 = $53
<$500 = $67
<$1000 = $73
<$2000 = $88
<$4000 = $108
<$8000 = $118
At what intervals should I transfer from profit pool to investment account for maximum profit over 90 days.