09-19-2017, 02:33 PM
(This post was last modified: 09-19-2017, 02:34 PM by Andrei Katrares.)
I have done the sums, albeit in haste, to look at what times are necessary for the payment. On the chance that it is relevant for anyone's decision making. If you are well versed in arithmetic, please perform them on your own and let me know if I am correct.
I assume taxes levied each month for 12 months a year, and quarterly interest of 2 % compounding, initial loan of 1000 gold, and 50 members contributing per levy.
1 year's repayment - 13 and 2 of 10 silver per month per member
2 year's repayment - 6 and 9 of 10 silver per month per member
3 year's repayment - 4 and 8 of 10 silver per month per member
4 year's repayment - 3 and 7 of 10 silver per month per member
5 year's repayment - 3 and 5 of 100 silver per month per member
6 year's repayment - 2 and 7 of 10 silver per month per member
~ Ferdouz
I assume taxes levied each month for 12 months a year, and quarterly interest of 2 % compounding, initial loan of 1000 gold, and 50 members contributing per levy.
1 year's repayment - 13 and 2 of 10 silver per month per member
2 year's repayment - 6 and 9 of 10 silver per month per member
3 year's repayment - 4 and 8 of 10 silver per month per member
4 year's repayment - 3 and 7 of 10 silver per month per member
5 year's repayment - 3 and 5 of 100 silver per month per member
6 year's repayment - 2 and 7 of 10 silver per month per member
~ Ferdouz
OOG: Constantine Collias