Well so if I'm not wrong he have around 84 000 gold... It was said that he will in the future get a profit of 25% so, logically it's about 19 750 gold if he use 79 000 gold to buy grains... DAAAAAMN that's some high tier profit. So sad he must wait some time to sell the stock back
This MC is kinda dumb🤦♀️ he could have sold those books for 750 to 800 and people would still buy especially after seeing how fast the first one got brought out.
the interest and loan part was wrong :P
what has been done for some reason is 1490 * 12 = 17880.
there are a few diffrent way to pay back loans and depending on the how you will have great diffrence in how its done. one type is changing payment with intrest: then it would be about 1363.63635 gold + intrest every month. then the payment would be 19063.64 total in the end. (profit of 4064) or a fixed payment of 1620gold every month (+14.87gold on the last month).
total payment 19440 gold (profit 4440) now none of this are good choices for the loaner, as there are other alternatives, easy exp would be if he asked to loan for 15 months instead, paying 1000gold + intrest rate. this would total the amount payed to only 18600, being able to loan for a longer time, less monthly payment and less in the total amount.
I did a quick calculation above, and didnt even use the correct formulas so its more of an oproximation but you get what im getting at :P
Wait. So isn't cultivation useless now? They can't cultivate during cryogenic sleep, and cultivation in-game most certainly wouldn't affect the body of the individual, no?
which makes me think. Why not just auction it on open bidding process. With a starting bid of 700. hundred of millions of people competing for 70 books.
LazyLisy