Faceaz
Well-Known Member
- Joined
- Nov 10, 2007
- Messages
- 4,358
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to charities. Had to do some quick math on this one & see the interest he's probably been making on that. Figure a 2% yield apr:
10,000,000,000 x .02 = $200,000,000
$200,000,000 x (guess 40 percent taxes) = $120,000,000
$120,000,000 / 12 months = $10,000,000 per month.
Is my math off, seems like an insane amount of money? $10,000,000 per mo interest after taxes.
10,000,000,000 x .02 = $200,000,000
$200,000,000 x (guess 40 percent taxes) = $120,000,000
$120,000,000 / 12 months = $10,000,000 per month.
Is my math off, seems like an insane amount of money? $10,000,000 per mo interest after taxes.