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Discussion Hypothetically If a jeet accumulated 100k in savings, would it be possible for him to geomax?

  • Thread starter alopeciacurrycel
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alopeciacurrycel

alopeciacurrycel

Greycel
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If not would there be a savings number or just not possible?
 
Maybe Africamaxxing could work.
Africamaxxer
 
10X that…

A $1 million balance earning 4% annual interest will generate $40,000 in simple interest in the first year, or $40,741.54 if compounded monthly. The total amount of interest earned depends on whether the interest is simple or compounded and the frequency of the compounding, such as annually or monthly.

Simple Interest
If the interest is simple and paid only on the initial deposit, you would earn:
  • $1,000,000 x 0.04 = $40,000: in the first year.
Compounded Interest
If the interest is compounded (meaning it's calculated on the initial deposit plus the accumulated interest), the amount earned will be higher over time.
    • Compounded Annually: You would earn $40,000 in interest in the first year, and subsequent years would generate more due to the interest itself earning interest.
    • Compounded Monthly: You would earn $40,741.54 in the first year.
Example of a 4% interest scenario
    • Principal: $1,000,000
    • Interest Rate: 4% per year (or 0.04)
    • Year 1 (Simple or Annual Compounding): $1,000,000 x 0.04 = $40,000
    • Year 1 (Monthly Compounding): Approximately $40,741.54
 
Depends where he lives. India is right by SEA and apparently they are already rather common clients of the prostitutes there, so for that, he'd obviously need much less money than that.
 
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Since regional disparity is striking in India, I would say Indians can and should geomaxx inside their country.
 
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