ivom
Posts: 13
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Post by ivom on May 27, 2016 10:11:47 GMT
Hi
Congrats on turning 1 year old, Twino!
However I am really confused about one thing from your yesterday's e-mail.
Loans Funded, Total: EUR 22'100'000 Interest Paid, Total: EUR 325'000 Average Return (as stated in e-mail): 13,92% Average Return, if we do very simple estimation: 325'000 / 22'100'000 = 1,47%
Now I understand that a lot of investments have come only lately, and this is one factor to take into account. also the formula for calculating the 13,92% is certainly different, and my estimation is Elementary-school level as well.
Still, the two figures differ almost 10 times, and this is something really bothering.
Just thinking out loud here, but: 1) Lots of money may be sitting uninvested, and you do the calculation only for the amount that is invested? 2) Bondora-style fairytales?
Pleas provide some logics behind this.
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Maestro
Member of DD Central
Posts: 87
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Post by Maestro on May 27, 2016 14:18:55 GMT
You are assuming each funded loan was for 12 months duration.
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