3 ms·
> When this $100 has exchanged hands 50 times only $15 remains. Just to nitpick: 0.97^50 is 0.21806. So only $21.81 would remain and the banks would have $78.1
by 1024core 3y ago
> When this $100 has exchanged hands 50 times only $15 remains.
Just to nitpick: 0.97^50 is 0.21806. So only $21.81 would remain and the banks would have $78.19
- nish1500 3y agoI used 2.9% + 30cent for each transaction