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Thread: Bank accounts WITH compound intrest

  1. #1

    Bank accounts WITH compound intrest

    So in a normal bank account in real life, you place that money in there and it slowly grows.

    This should be implemented in era. Your intrest rate would be 5% and the difference of the money made by the intrest would go directly into your bank account every week, and the timer still works even if offline so you can still get money from era even offline. Since you get nothing from bases this would benifit baser's a lot.
    Too get an idea of how much you make the formula for this is P(1+I) to the power of time (weeks in this case)
    P = principal (how much you put in)
    I = intrest (.05 in this case)

  2. #2
    yea but interest is from people.borowing money from banks and they pay back more coz.of the interest on the.money they borow so where will get the interest from?

  3. #3
    Big Cheese Lord Greg's Avatar
    Join Date
    Jun 2013
    Location
    England
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    2,600
    I like the idea.
    The interest is usually from the money the bank makes by investing your money into things to make a profit.

  4. #4
    Zephlyn
    Join Date
    Aug 2013
    Location
    Chile
    Posts
    3,295
    nice idea I LIKE IT

  5. #5
    but where will the interest come from :?

  6. #6

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