Time period not applicable as customer paid back $54 on a $50 loan = 8%!
It's just that simple!
What your mistakenly calculating is Zips return on capital if it can deploy that capital over and over again for twelve months. Not guaranteed. And has nothing to do with what a customer paid on their $50 Loan.
Time period not applicable as customer paid back $54 on a $50...
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Last
$1.83 |
Change
0.025(1.39%) |
Mkt cap ! $2.310B | |||
| Open | High | Low | Value | Volume |
| $1.77 | $1.84 | $1.76 | $34.05M | 18.76M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6757 | $1.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.83 | 480347 | 4 |
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| Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |