Bank of Awakened Lands
2007.Jun.27, 05:10 PM
Re: Bank of Awakened Lands
Post: #6
MrWalrus Wrote:Chris is helping out lower levels, and so the Bank of Awakened Lands is now open for the rest of the community.

Currently, we will offer two services.

The first is the selling of bills. We offer 30, 60, and 90 day bills at 11%, 12%, and 13% yields respectively.

If you don't know how bills work, here is a short explanation:

With a 30 day bill for $1,000, you would actually pay $991.31, but as there are no cents in the game, this would be rounded up to $992. At the end of the 30 day period, you would receive the $1,000.

While this seems like a minimal return, it is a slightly greater return than a normal bank deposit. With a 90 day $100,000 bill, you would earn $34.22 per day, opposed to $27.40 per day with a bank deposit.

Bills will be offered in increments of multiples of 10, starting from $1,000.


Our second service is loans. We offer loans at (almost) any amount, with the time and interest rate depending on level and credit rating of the member.


Other terms and conditions may apply.

I don't understand the bills. For a 30 day bill of 1k, I would pay 992 and then get back 1k? So basically 8 bucks?


Messages In This Thread
Bank of Awakened Lands - MrWalrus - 2007.Jun.22, 02:31 AM
[] - thawdgharp - 2007.Jun.22, 02:42 PM
[] - Druchii - 2007.Jun.22, 03:14 PM
[] - MrWalrus - 2007.Jun.26, 01:44 AM
[] - ScottishArthur - 2007.Jun.27, 04:02 PM
Re: Bank of Awakened Lands - Chris Mangano - 2007.Jun.27 05:10 PM
[] - ScottishArthur - 2007.Jun.28, 02:53 AM
[] - MrWalrus - 2007.Jul.01, 02:26 AM
[] - ScottishArthur - 2007.Jul.01, 03:00 AM
[] - Dormagonn - 2007.Jul.01, 03:04 AM
[] - MrWalrus - 2007.Jul.01, 03:38 AM