3 ms·
About the calculation, I assumed that the fund takes loans from an imaginary bank at an interest rate "r" to pay for the loans. I calculated how high the r can
by cool-RR 18y ago
About the calculation, I assumed that the fund takes loans from an imaginary bank at an interest rate "r" to pay for the loans. I calculated how high the r can get for the fund to break even, and that's the result I gave. (I solved it with Mathematica.)