If 1/2 * $100.00 = $50.00 or $50.00 per $100.00, does 2 * $100.00 = $200.00 or $200.00 per $100 or...?

E

Explain this!

Junior Member
Joined
Feb 7, 2019
Messages
164
1. If 1/2 * $100.00 = $50.00 or $50.00 per $100.00, ($50.00/$100.00), does 2 * $100.00 = $200.00 or $200.00 per $100, ($200.00/$100.00) or $200.00 for every $100.00?

2. How can there be $200.00 per $100.00 or $200.00 for every $100.00? "Per" and "for every" are interchangeable.
 
1/2 * 100 = 50

50 per hundred = 50% (% = per cent = per hundred)

Over and out...
 
Denis said:
1/2 * 100 = 50

50 per hundred = 50% (% = per cent = per hundred)

Over and out...
Click to expand...

You did not fully answer my question! Does 2 * $100.00 = $200.00 or $200.00 per $100, ($200.00/$100.00) or $200.00 for every $100.00?
 
Please put your question into context. What do the various numbers represent, as you see it? The mere statement that 1/2 * $100.00 = $50.00 is just a fact about particular numbers, whose meaning depends on context. It doesn't necessarily mean that there is any proportionality that could be expressed by "per" or "for every".
 
Dr.Peterson said:
Please put your question into context. What do the various numbers represent, as you see it? The mere statement that 1/2 * $100.00 = $50.00 is just a fact about particular numbers, whose meaning depends on context. It doesn't necessarily mean that there is any proportionality that could be expressed by "per" or "for every".
Click to expand...

If a fee of $500.00 is charged on a loan of $1000.00, this would be equivalent to a fee of $50.00 per $100.00 or $50.00 for every $100.00 --500/1000 * $100.00 = 1/2 * $100 = $50.00.

If an investment of $500.00 earned $1000.00, this would be equivalent to $1000.00/$500.00 equals $200.00/$100.00 or $200.00 per or for every $100.00.
$1000.00/$500.00 * $100.00 = $200.00.

I think these examples may be what you want, but I'm not completely sure.
 
So, your equations just state how you calculate the fee or earnings: a fee of $500 per $1000 loaned means that the fee is 1/2 of the loan, and earnings of $1000 per $500 invested means that the earnings are 2 times the investment.

Now, what is it about this that you see as a problem?
 
Explain this! said:
… 2. How can there be $200.00 per $100.00 …
Click to expand...
Regarding your second question (above), here is just one possibility:

A while back, Bank of America cooked up a scheme to increase deposits in non-interest-bearing savings accounts. The bank promoted this scheme as an easy way to grow one's savings balance, by rounding debit-card purchases up to a Whole number and depositing the difference into a linked savings account. To entice customers to allow access to more of their money without compensation, the bankers offered bait to get their scheme rolling -- they would match each round-up deposit with their own money (up to $250 per account or three month's worth, whichever came first). So, I opened four debit accounts, each with their own card, to "grow my savings", heh.

For every $100 of debit-charge round-up, Bank of America deposited $200 into savings. That was a $200 balance increase for every $100 effectively transferred from debit to savings (or, $200 per $100).

(Not the easiest $1000 I've ever made, but it was fun finding ways to make $0.01 debit purchases.)

?
 
Otis said:
Regarding your second question (above), here is just one possibility:

A while back, Bank of America had a scheme to increase deposits in their non-interest-bearing savings accounts. The bank promoted this scheme as an easy way to grow one's savings balance, by rounding debit-card purchases up to a Whole number and depositing the difference into a linked savings account. To kick off this latest scheme, Bank of America offered an introductory bonus -- they would match each of those round-up deposits with their own money (up to $250 per account). So, I opened four debit accounts, each with their own card, to grow my savings.

For every $100 of debit-charge round-up, Bank of America deposited $200 into savings. That's a $200 balance increase for every $100 effectively transferred from debit to savings (or, $200 per $100).

Not the easiest $1000 I've ever made, but it was fun finding ways to make $0.01 debit purchases.

?
Click to expand...
Next time we should team up. I'll set up a paypal link that only you know about and the item that you are buying will cost one cent. We could open 1000's of these accounts! Denis, eat your heart out.
Buy the way, I remember that deal with BOA and also remembering filling my tank by purchasing $1.01 worth of gas many times. Sometimes (OK most times) I would buy $0.01 worth of gas. It was easy money. But I only had one account.
 
Jomo said:
… most times … I would buy $0.01 worth of gas …
Click to expand...
You did very good. Out of dozens of pumps, I achieved a $0.01 sale only once. I couldn't release the squeeze quickly enough (the sale generally jumped from $0.00 straight to $0.03 or more). Yet, I was happy nonetheless because Bank of America was paying me close to $4 everytime I stopped at a gas station (which was often, as the promo ran for only three months after account opening).

If they had not limited me to four accounts, I might have opened a hundred!

?
 
Dr.Peterson said:
So, your equations just state how you calculate the fee or earnings: a fee of $500 per $1000 loaned means that the fee is 1/2 of the loan, and earnings of $1000 per $500 invested means that the earnings are 2 times the investment.

Now, what is it about this that you see as a problem?
Click to expand...
Dr.Peterson said:
So, your equations just state how you calculate the fee or earnings: a fee of $500 per $1000 loaned means that the fee is 1/2 of the loan, and earnings of $1000 per $500 invested means that the earnings are 2 times the investment.

Now, what is it about this that you see as a problem?
Click to expand...

If you read my first posting again, you would know!!
 
Dr.Peterson said:
Willingness to clarify is an essential [aspect] of communication.
Click to expand...

I strongly concur with this sentiment. It really reminds me of an xkcd comic I once read, in which the hover text read: "Anyone who says that they're great at communicating but 'people are bad at listening' is confused about how communication works."
 
Dr.Peterson said:
So, if I can't understand what you meant, you won't tell me?

Willingness to clarify is an essential of communication.

Did what others have said help at all?
Click to expand...
Dr.Peterson said:
So, if I can't understand what you meant, you won't tell me?

Willingness to clarify is an essential of communication.

Did what others have said help at all?
Click to expand...

I cannot explain it any better than what I have posted in my first question! I do not understand this confusion you are having--very odd.
 
Explain this! said:
I cannot explain it any better than what I have posted in my first question! I do not understand this confusion you are having--very odd.
Click to expand...
Look buddy, you're acting same as being in a soup kitchen giving orders to the cook...
 
Explain this! said:
1. If 1/2 * $100.00 = $50.00 or $50.00 per $100.00, ($50.00/$100.00), does 2 * $100.00 = $200.00 or $200.00 per $100, ($200.00/$100.00) or $200.00 for every $100.00?

2. How can there be $200.00 per $100.00 or $200.00 for every $100.00? "Per" and "for every" are interchangeable.
Click to expand...
Explain this! said:
I cannot explain it any better than what I have posted in my first question! I do not understand this confusion you are having--very odd.
Click to expand...
What you need to do in order to state your question clearly is to identify what conflict you see. What is it about "$200.00 per $100.00" that you see as impossible? What would you expect, in contrast to the stated situation?
 
Dr.Peterson said:
What you need to do in order to state your question clearly is to identify what conflict you see. What is it about "$200.00 per $100.00" that you see as impossible? What would you expect, in contrast to the stated situation?
Click to expand...
Dr.Peterson said:
What you need to do in order to state your question clearly is to identify what conflict you see. What is it about "$200.00 per $100.00" that you see as impossible? What would you expect, in contrast to the stated situation?
Click to expand...

There is nothing impossible about it. I provided an example for you that, I believe, explains how this situation may be possible!
 
You must log in or register to reply here.
Top