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Cit Treasury interest
http://classictw.com/viewtopic.php?f=13&t=10579		 Page 1 of 1
Author:  Mindless [ Mon Sep 27, 2004 8:45 pm ]
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Does anyone know the exact formula for calculating interest on money stored in a cit's treasury?

Thanks!
Author:  Traitor [ Mon Sep 27, 2004 9:58 pm ]
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quote:Originally posted by Mindless

Does anyone know the exact formula for calculating interest on money stored in a cit's treasury?

Thanks!


http://www.tw-cabal.com/tips.html Tip #9 i think

2% every 24 hours.
Author:  Mindless [ Tue Sep 28, 2004 12:27 am ]
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Duh must've read right over it [}:)]


Thanks!
Author:  Father Cajone [ Sat Oct 02, 2004 2:46 am ]
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Citadel interest is 2% compounded continuously.
Author:  Harley Nuss [ Sun Oct 03, 2004 2:51 am ]
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quote:Originally posted by Father Cajone

Citadel interest is 2% compounded continuously.

Actually, it's more in line with .000023176% compounded once/second. Over a 24 hour period, this equals out to around 2.022%/day. Formula for this is A(t) = A(0)e^rt if anyone is interested :)
Author:  ElderProphet [ Sun Oct 03, 2004 2:34 pm ]
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Wow, I didn't know you had it in you K3. Impressed.
So, you wanna help with trade algorithms? ;)

I'm interested though... is the TWGS actually updating citadel credit amounts every second, or is it like Schrodinger's cat where it's updated when you check on it? Probably a JP question.

+EP+
Author:  Harley Nuss [ Sun Oct 03, 2004 6:48 pm ]
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It actually updates based on timestamps when you check. I would imagine it uses the interest forumla and the rate for one second to calculate it, based on how much time has elapsed, but I'm not certain. I could be tested by looking for variances based on the frequency of checks, but I don't care enough to do that :P
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