Q:
Why is this space named "Pay 10% Margin Interest"? A:
Because when you land on this space, you must PAY 10% of all your Cash for
Margin Interest. Q: What
is Margin Interest? A: In the Real
World, Margin Interest is the interest you pay your lending institution on borrowed
money that is used to trade (Trading on Margin). Q:
What happens when I land on Pay 10% Margin Interest? A:
Step 1: Count all your cash. Step 2: Divide the total cash by 10. Step 3: Round
amount to nearest $100 when necessary. Q:
Do I count my other assets besides cash? A:
No. You only count your cash. Q:
What happens if I don't have any cash? A:
You don't pay anything, even if you have other assets. Q:
What's an example of a player landing on Pay 10% Margin Interest? A:
Suppose you land on Pay 10% Margin Interest and your Cash Total is $12,500. Now,
after dividing by 10 you obtain $1,250. Rounding this amount to the nearest $100
you obtain $1,300. So, you must PAY $1,300 for Margin Interest. |