Interest

If you have a bank balance above $0, you can earn interest on those savings if you have Financial Advisors employed at your club.

The optimum situation to earn interest = have 8 Financial Advisors with a balance of $1 600 000.

Financial AdvisorsInterest RateMinimum Cash Required
10.95%$157,895
21.80%$176,471
32.55%$200,000
43.20%$230,769
53.75%272,727
64.20%$333,333
74.55%$428,571
84.80%$600,000
94.95%$1,000,000
84.80%$1,635,417
74.55%$1,725,275
64.20%$1,869,048
53.75%$2,093,334
43.20%$2,453,125
32.55%$3,078,432
21.80%$4,361,112
10.85%$8,263,158

Jargon’s FA-Helper: FA-Helper.xls (36kb)
This spreadsheet is for maximising your interest income, based on your current balance, and the number of Financial Assistants (FAs) you have.
Insert your current balance, insert the number of FAs you currently have, and read the result.