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View Full Version : Whats the point of having a bank deposit ?


btwgunx
01-25-2009, 01:33 PM
Whats the point of having a bank deposit ?

Hurrikhayne11
01-25-2009, 01:36 PM
Because your credits can build up in it after a time period of 30 days when they are in the savings account.

acejunior
01-25-2009, 01:38 PM
Your credits build up in it after a time period of 30 days.

Wow never knew that, im going to try it.

TheZombie
01-25-2009, 02:07 PM
Your money doubels up afret 30 days,as Hurri said.
So if you might have lets say 3k credits in your bank,you wait 30 days,and now you have 6k credits.

Hurrikhayne11
01-25-2009, 02:12 PM
Your money doubels up afret 30 days,as Hurri said.
So if you might have lets say 3k credits in your bank,you wait 30 days,and now you have 6k credits.
Wrong.
The interest if 5.0%
So if 3,000 were in the savings account, over the 30 day period, the credits would jump to 3,150.

GoogleImages
01-25-2009, 02:15 PM
so we could put money in our bank accounts minez is at wachovia oraslk a tella maneger

Dax
01-25-2009, 07:16 PM
Here's a formula I wrote for computing the amount of credits you will have after "n" months. (Credits put into Bank)(0.98)(.05)^n

btwgunx
01-25-2009, 09:24 PM
Ok thank you . i have low credits donate meh

Hurrikhayne11
01-25-2009, 09:28 PM
i have low credits donate meh
Put them in the bank and build up yourself.