DNF$ Bank

[DeCal]

Hey guys,

Just wondering if anyone uses the DNF$ Bank?

When is the interested paid? 1 year from deposit?

Cheers all

Dean

 

[Jack Gordon]

I had some money in there for a couple months and earned nothing, so it is probably annual.

Should be monthly if you ask me.

 

[DeCal]

yeah i agree if thats the case!

 

[Bob]

Good question. I have been wondering this as well. I will find out and let you know.

-Bob

 

[Bob]

After a lengthy discussion, here is how it works:

Interest is credited on a daily basis, but based on the annual interest rate of 10%. What this means is this:

10% interest per year = 0.0274% per day

(i.e. 365 days of 0.0274% interest = 10%).

You can figure your daily interest this way:

DNF Bank Balance * 0.000274 = Credited Interest

Example:

If you have 10,000 DNF in the bank, you will receive 2.74 DNF per day in interest.

Doing the math check:

2.74 DNF per day * 365 = 1000.1, which is of course 10% of 10,000.

</math lesson> :-D

-Bob

 

[Steen]

lol

Thanks bob

 

[DeCal]

yeah but the interested earned in a day is only paid yearly! Mods, can this be changed?

 

[DeCal]

are we now getting interested paid daily? Can anyone confirm this please! :-D

 

[Jack Gordon]

I just made a large deposit - I'll let you know if anything happens

 

[DeCal]

i have alot in there now and its going nowhere!

 

[Jack Gordon]

nothing, nada, nil

 

[DeCal]

has anyone received any interest yet. I notice it now says "Daily Interest".

Should be def paid daily!