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Old 11-30-2006, 20:14   #6
The Nightbird
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Quote:
Originally Posted by 711 View Post
Deposits and withdrawals from the bank are not taxed at 2%.

As for the calculation of interest, there is no simple way to allow multiple deposits and calculate interest properly. The bank system is a simple one:

You make a deposit, and a timer is set to start counting down for 7 days. At the end of the 7 days, the interest is added to your bank balance, and the time resets. You can see at any time when your next bank interest will be awarded.
I meant why not make it so that every 7 days you get 1% of whatever is in your bank? You can withdraw and deposit as many times as you want, you can even withdraw it all and then deposit the second before 7 days are up and still get that 1% interest.

There is a tax on donations so it can't be exploited.

Wouldn't that be easier?
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