3 ms·
0.25% a year FWIW. 0.25% a month would be really really high!
by harryh 10y ago
0.25% a year FWIW.
0.25% a month would be really really high!
- fullshark 10y agoAhh yes thanks my mistake, they collect (0.25/12)% each month.
- schrodinger 10y agoIsn't it actually (1+.0025)^(1/12) - 1, not 0.0025/12?
- fullshark 10y agoThat makes more sense. They are very close practically speaking but you are correct I believe.