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Post by dutchman on Nov 22, 2017 14:11:28 GMT
hi,
does anybody know how small interest payments are paid back? lets say you invest euro 10 for a long time and per month you get 0,00489 is that rounded down to 0, so you get nothing? or carried over to next month? etc?
If you only look at rounding the amounts paid back, does it matter if you invest ten times euro 10 (for statistacal purpose) compared to one time euro 100?
Thanks,
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Post by dutchman on Nov 22, 2017 14:40:13 GMT
Emailed Mintos... below their reply
Here at Mintos we calculate everything up to 16 digits after comma. You might see those numbers rounded up, but afterwards they are summed up and showed as cumulative repurchases of loan parts. You as investor don't loose anything receiving even small repayments.
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