Winamp & Shoutcast Forums Basic math help...

 29th August 2012, 05:18 #1 mike-db Pancakes!(Major Dude)     Join Date: Feb 2005 Location: Colour, if you're, you know... Posts: 3,523 Basic math help... I don't even know how to do this on a calculator... I have no clue how to even google search it... I need to find out how much something would cost... After a 3% gain, if that makes sense? I bought "RANDOM SHARE" at X price, I sold after 3% gain. How much did I sell for? Hey! Sounds like a school question! Anyways I have no clue how to figure it out... Now that I worded it out properly I'll go and google of course but I'll still ask you fellas here. Most of you know some handy tricks that I can actually remember... Thanks! Obviously I would not buy random shares.... This is all still hypothetical, I have yet to actually make any investments. SEX APPEAL UP IN HERE! (╯°□°）╯︵ ┻━┻
 29th August 2012, 05:36 #2 mike-db Pancakes!(Major Dude)     Join Date: Feb 2005 Location: Colour, if you're, you know... Posts: 3,523 EX: 68.15 * 0.03 = X x = 2.0445 2.0445 + 68.15 = 70.20 (rounded up even though it should be down.) EDIT/ Thanks for the help everyone. SEX APPEAL UP IN HERE! (╯°□°）╯︵ ┻━┻
 29th August 2012, 15:18 #3 Widdykats The Forum Slut     Join Date: Jun 2002 Location: A place that invites a post pumping whore from NY Posts: 15,789 Yes, but is there a broker's fee? (In /out?)
 29th August 2012, 15:26 #4 thinktink Forum King     Join Date: May 2009 Location: On the streets of Kings County, CA. Posts: 3,009 You can speed up the calculation process by simply multiplying by 1.03 (instead of 0.03 and then re-adding the original value): 68.15 * 1.03 = 70.1945
 29th August 2012, 18:50 #5 Widdykats The Forum Slut     Join Date: Jun 2002 Location: A place that invites a post pumping whore from NY Posts: 15,789 Cool!
29th August 2012, 20:08   #6
mike-db
Pancakes!
(Major Dude)

Join Date: Feb 2005
Location: Colour, if you're, you know...
Posts: 3,523
Quote:
 Originally Posted by Widdykats Yes, but is there a broker's fee? (In /out?)
Yes, and for me I believe it's \$30 but the fee isn't for every trade (at least it's not with my bank) it's just for the trades of the day, so it's simply subtracting that much... Which really isn't much.

EDIT/ Even so, it's all hypothetical still.

Thinktink thank you for the new formula (lol) I'll be sure to use that instead....

As for the shares at 68.15 they dropped, tremendously. It was a sinking ship and I doubt it would have bounced back any time soon. So I jumped and cut my \$73 dollar loss.

SEX APPEAL UP IN HERE!
(╯°□°）╯︵ ┻━┻

 29th August 2012, 20:42 #7 thinktink Forum King     Join Date: May 2009 Location: On the streets of Kings County, CA. Posts: 3,009 Here's the algebraic math-proof for my shortening: Where: I=Interest: 2.0445 P=Principal (or base): 68.15 R=Rate: 0.03 T=Total (Interest and Principal): 70.1945 I=P*R T=I+PSubstitute the P*R for I in the second line: T=P*R+P Expand: T=P*R+P*1 Factor common terms in the polynomial: T=(P*R)+(P*1) T=P*(R+1)
 1st September 2012, 07:23 #8 hgnis Hobbit Humper Forum King     Join Date: Sep 2002 Location: banned camp Posts: 4,121 You left out the capital gains tax and any state taxes on the transaction... I am so important I feel the need to let it be known like a liberal discovering the internets for the first time. Uh hur hur hur. I also wash myself with a rag on a stick. Realitybites <3
 1st September 2012, 18:33 #9 mike-db Pancakes!(Major Dude)     Join Date: Feb 2005 Location: Colour, if you're, you know... Posts: 3,523 I um unaware of anything like that, I know I have to declare it as income once a trade is complete but past that I do not know of any other taxes. I'm also Canadian so we might do things differently. Also, nice to see you alive still oh hobbit humper. SEX APPEAL UP IN HERE! (╯°□°）╯︵ ┻━┻
4th September 2012, 10:22   #10
Widdykats
The Forum Slut

Join Date: Jun 2002
Location: A place that invites a post pumping whore from NY
Posts: 15,789
Quote:
 Originally Posted by mike-db Yes, and for me I believe it's \$30 but the fee isn't for every trade (at least it's not with my bank) it's just for the trades of the day, so it's simply subtracting that much... Which really isn't much. EDIT/ Even so, it's all hypothetical still. Thinktink thank you for the new formula (lol) I'll be sure to use that instead.... As for the shares at 68.15 they dropped, tremendously. It was a sinking ship and I doubt it would have bounced back any time soon. So I jumped and cut my \$73 dollar loss.
Stop Loss. Live by it...

 11th September 2012, 09:20 #11 mike-db Pancakes!(Major Dude)     Join Date: Feb 2005 Location: Colour, if you're, you know... Posts: 3,523 Decided to not reinvest my imaginary money, took another big hit \$300. By this date I'm sitting with \$71 more than what I started with. Wanted to see if I could still come out on top. I'll continue to play in this way for a while longer. SEX APPEAL UP IN HERE! (╯°□°）╯︵ ┻━┻
 Winamp & Shoutcast Forums Basic math help...