Taxmom's Zim Spreadsheet
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Taxmom's Zim Spreadsheet
by Ssmith Sat May 21, 2016 5:57 pm
| Taxmom (WingIt) I am presenting one version from "Word" as not everyone likes or has access to spreadsheets. At the bottom of this page, I am also giving you a link to dropbox file with an excel version. No cells are locked. You may have to copy and paste the link to get to the active spreadsheet.
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| FOR EXPERIMENTATION AND EXPLORATION ONLY. PLEASE SEEK YOUR OWN EXPERT FINANCIAL PROFESSIONALS | ||||||||||
| TO ASSIST YOU WITH YOUR OWN PERSONAL SPREADSHEETS. | ||||||||||
| IKO DEVELOPED A SPREADSHEET THAT IS NOT WORKABLE FOR ANYONE BUT HIMSELF, AND AS IT TURNS OUT, | ||||||||||
| IT'S BASED ON HIS PERSONAL NUMBERS, AND HE DID NOT REVEAL HIS SPECIFIC FORMULAS. SO WE ARE NOT | ||||||||||
| POSTING THAT ~ RATHER ARE PROVIDING A BOILER PLATE EXAMPLE OF THAT SPREADSHEET THAT DOES HAVE | ||||||||||
| VARIABLES THAT YOU CAN WORK WITH. THIS IS THE REFORMAT OF WHAT HE USED. | ||||||||||
| WE WON'T KNOW ACTUAL RATES UNTIL WE ARE AT THE BANK AND EACH OF US MAY GET A DIFFERENT RATE. | ||||||||||
| NO CELLS ARE LOCKED. NO TAX IMPLICATIONS HAVE BEEN TAKEN INTO CONSIDERATION. | ||||||||||
| ZIM 100 Tr Less 6 zeros | 100,000,000 | |||||||||
| Exchange rate | 5,000 | |||||||||
| 500,000,000,000 | ||||||||||
Annual | Quarterly | |||||||||
Interest | Interest | |||||||||
| EXAMPLE #1 | 3% | |||||||||
| Bank Contract | 75% | 375,000,000,000 | 11,250,000,000 | 2,812,500,000 | ||||||
| Personal Trust | 25% | 125,000,000,000 | 3,750,000,000 | 937,500,000 | ||||||
| Total Interest | 15,000,000,000 | 3,750,000,000 | ||||||||
| EXAMPLE #2 | 5% | |||||||||
| Bank Contract | 75% | 375,000,000,000 | 18,750,000,000 | 4,687,500,000 | ||||||
| Personal Trust | 25% | 125,000,000,000 | 6,250,000,000 | 1,562,500,000 | ||||||
| Total Interest | 25,000,000,000 | 6,250,000,000 | ||||||||
| EXAMPLE #3 | 7% | |||||||||
| Bank Contract | 75% | 375,000,000,000 | 26,250,000,000 | 6,562,500,000 | ||||||
| Personal Trust | 25% | 125,000,000,000 | 8,750,000,000 | 2,187,500,000 | ||||||
| Total Interest | 35,000,000,000 | 8,750,000,000 | ||||||||
[url=https://www.dropbox.com/s/ik2rxn28mcno7xs/ZIM Possible]https://www.dropbox.com/s/ik2rxn28mcno7xs/ZIM%20Possible%20Payout.xlsx?dl=0[/url]
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Re: Taxmom's Zim Spreadsheet
by Kevind53 Sat May 21, 2016 6:37 pm
First mistake is giving the Zimbabwe Dollar a value, any value.
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Trust but Verify --- R Reagan
"Rejoice always, pray without ceasing, in everything give thanks; for this is the will of God in Christ Jesus for you."1 Thessalonians 5:14–18
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Re: Taxmom's Zim Spreadsheet
by RamblerNash Sat May 21, 2016 7:20 pm
Kevin, I think I found the problem with their spreadsheet and fixed it.
Can you, or anyone else, check my math?
Can you, or anyone else, check my math?
| ZIM 100 Tr Less 6 zeros | $0.00 | ||||
| Exchange rate | $0.00 | ||||
| $0.00 | |||||
| Annual | Quarterly | ||||
| Interest | Interest | ||||
| EXAMPLE #1 | 3% | ||||
| Bank Contract | 75% | $0.00 | $0.00 | $0.00 | |
| Personal Trust | 25% | $0.00 | $0.00 | $0.00 | |
| Total Interest | $0.00 | $0.00 | |||
| EXAMPLE #2 | 5% | ||||
| Bank Contract | 75% | $0.00 | $0.00 | $0.00 | |
| Personal Trust | 25% | $0.00 | $0.00 | $0.00 | |
| Total Interest | $0.00 | $0.00 | |||
| EXAMPLE #3 | 7% | ||||
| Bank Contract | 75% | $0.00 | $0.00 | $0.00 | |
| Personal Trust | 25% | $0.00 | $0.00 | $0.00 | |
| Total Interest | $0.00 | $0.00 | |||
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Re: Taxmom's Zim Spreadsheet
by Kevind53 Sat May 21, 2016 8:30 pm
Looks about right .... 
*****************
Trust but Verify --- R Reagan
"Rejoice always, pray without ceasing, in everything give thanks; for this is the will of God in Christ Jesus for you."1 Thessalonians 5:14–18
Kevind53- Super Moderator
- Posts : 27225
Join date : 2011-08-09
Age : 21
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