ePay revisited once more

From: Richard A. Cini, Jr. <rcini_at_email.msn.com>
Date: Sun Nov 8 08:17:42 1998

>>The problem you're encountering isn't an error in math, it's an error in
>>understanding. You're misunderstanding is common becayse Ebay words thier
>>rules rather crappily.

>>You are charged 5% of all sales up to $25 PLUS an additional 2.5% for $25
to $1000.
>>So using the printer that sold for $41, you get charged 5% for the first
>>$25 (1.25) then 2.5% for the additional $16 (.40) for a total of $1.65.

>>I know, it's a weird system :)

    You may think that it is wierd for ePay, but it's not uncommon to United
States citizens as a whole. That type of system, called a marginal rate
scale, is used by the Internal Revenue Service (but called "tax brackets")
for calculating your Income Tax. Yes, folks, ePay uses the same system as
the US Government uses. The only difference is that the IRS marginal rate
increases as the scale goes up; ePay's goes down.

Rich Cini/WUGNET
  - ClubWin!/CW7
  - MCP Windows 95/Windows Networking
  - Collector of "classic" computers
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Received on Sun Nov 08 1998 - 08:17:42 GMT