Hi all,
I was just having a conversation with a colleague about my profit in last nights OzLotto. On a $19.80 investment I managed to make a 3.8% profit. Not bad for one nights work. However he thought it was rather dismal. So I said well if I made 3.8% every day for a year on that $19.80 I'd have a pretty tidy amount. He didn't believe me so I wrote an application to calculate it. The grand total after one year was $16,784,042.70 . I've uploaded a file of the day by day calculations for the disbelievers.
Cheers,
Ben
I was just having a conversation with a colleague about my profit in last nights OzLotto. On a $19.80 investment I managed to make a 3.8% profit. Not bad for one nights work. However he thought it was rather dismal. So I said well if I made 3.8% every day for a year on that $19.80 I'd have a pretty tidy amount. He didn't believe me so I wrote an application to calculate it. The grand total after one year was $16,784,042.70 . I've uploaded a file of the day by day calculations for the disbelievers.
Cheers,
Ben