Y
Hacker News
new
|
ask
|
show
|
jobs
by
1024core
1123 days 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
1 comments
nish1500
1123 days ago
I used 2.9% + 30cent for each transaction
link