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Cit Treasury interest
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Private 1st Class
Joined: Wed Mar 20, 2002 3:00 am Posts: 2 Location: USA 
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 Does anyone know the exact formula for calculating interest on money stored in a cit's treasury?
Thanks! |
| Mon Sep 27, 2004 8:45 pm |
 
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Lieutenant Commander  Joined: Thu Mar 21, 2002 3:00 am Posts: 890 Location: USA
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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. _________________ http://tw-cabal.navhaz.com - THE TW info site Man, I gotta quit showing up here...next thing you know i'll get dragged back in. |
| Mon Sep 27, 2004 9:58 pm |
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Private 1st Class
Joined: Wed Mar 20, 2002 3:00 am Posts: 2 Location: USA
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Duh must've read right over it [}:)]
Thanks! |
| Tue Sep 28, 2004 12:27 am |
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Lieutenant J.G.  Joined: Wed Apr 18, 2001 2:00 am Posts: 480
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Citadel interest is 2% compounded continuously.
_________________ You are forgiven...now warp out and sin! |
| Sat Oct 02, 2004 2:46 am |
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Commander
Joined: Thu Feb 20, 2003 3:00 am Posts: 1529 Location: USA
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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  |
| Sun Oct 03, 2004 2:51 am |
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Commander  Joined: Tue Oct 07, 2003 2:00 am Posts: 1134 Location: Augusta, GA
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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+ _________________ Claim to Fame: only guy to ever crack the TW haggle algorithm, and fig/shield/hold price formula, twice. |
| Sun Oct 03, 2004 2:34 pm |
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Commander
Joined: Thu Feb 20, 2003 3:00 am Posts: 1529 Location: USA
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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
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| Sun Oct 03, 2004 6:48 pm |
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