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Life in New York is now becoming expensive, I miss Chicago

I just put 195,000$ in a bank with 0.1% interest.

Because of the 0.1% interest, I earn 19,500$ every day.

Also I got that money from Alex Holdings it had 270,000$ in it lol, but I spent 75,000$ of it.

The bank I put it in is the Federal Reserve Bank which XDCD owns.

Due to it's easy deposting and withdrawing, i get my interest compounded in the same bank. I place $1000, withdraw $1001 the next day, then place the $1001. Not much of a difference in my case but might be huge in your margins.

You get 195 daily not 19500

195,000x0.1=19,500

No, that's not how it works. It's not 0.1 of your deposit. It's 0.1% of your deposit. Trust me, rajesh is right here. I have my money in the same bank.

What you should be doing is 195,000 x 0.1 / 100

lol i just got out of dept Thank you mb also i took a loan for 200k fromk XCDC and i am not going to pay it back but now i have 250k in the bank and make 25k a day

I laughed out loud to "I am not going to pay it back", youre an absolute madman
Doesn't the loan repayment get taken from your money every day?
How did you convince him to give you 200k? I asked for 5k and he denied it lol

@MrBird
Rajesh and Otto are correct, it's 0.1% -> 0.1 per 100 or 1/1000, you get one thousandth of your deposit daily as interest

So for you this would mean:
$195,000 / 1000 = $195/day

this is still a very nice passive income for just having money in the bank