Tankman Posted January 28, 2010 Posted January 28, 2010 they wont get much interest in those few days from entries closing until the event or do they recon the would have made R110 interest from each entry in that short time to be asking R110 more?
Spinnekop Posted January 28, 2010 Posted January 28, 2010 dit is nou n k*k antwoord kaaswurm' date=' soos hulle sou se in plain afrikaans! what difference does it make when they receive the cash? [/quote'] pop the money in a call acount and earn more interest, maybe? I recon for every month the Argus boys put their money in the call account, they get about R60k interest....not bad......
Mutt Posted January 28, 2010 Posted January 28, 2010 best of all!!! ? The pro's don't pay a cent. They get free entry to every race... Then they give them the cash you paid for entry as a prize. And pros do nothing for me that I am aware of!
scotty Posted January 28, 2010 Posted January 28, 2010 Interest wont be much, on a 32 day R500 000.00 it will barely reach R2500, on call account much less than that.
scotty Posted January 28, 2010 Posted January 28, 2010 Cool, 200 late entries charged @ R300 to enter, orgs will make whopping R187.00 interest in a call account for 30 days. 1000 late entries @ R300 they make R936.00 for the same period. scotty2010-01-28 08:18:39
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