Math riddle

[rh71]

[Joint bank account] pays VZW $84 monthly combined for phone1, phone2, phone3, phone4. Joint bank account belongs to phone1, phone2 owners only (contributing money equally). Phone3 and phone4 compensates later with their $21 each, back into [joint bank account]. All would be even... ok then:

Early termination fee of $169 (for phone4 from prior company) is paid by [Personal bank account] of phone1 user.

VZW credits $100 total, to all 4 lines. (phone1 user is willing to eat the $69, but wants this $100 back to himself)

2 months pass:
month1: no payment necessary
month2: $16 credit left, another $68 due

On month 3, how do we split this so that everyone is still paying $21 per month (the last 3 months), but phone1 gets the $100 credit ?

In other words, at the end of the 3 months, how much should each person have paid into [joint bank account] and afterward, how much of that gets transferred to phone1 user's [personal bank account] ?

 

[MrChad]

Have persons 2, 3 and 4 each give person 1 $25, then split the remaining payments four ways:

Month1: N/A
Month2: $17 each
Month3+: $21 each

With the savings from months 1 and 2, persons 2, 3 and 4 saved $4 + $21 = $25 in payments. These savings should get passed on to person 1, who saved $25 himself. That plus the $75 will be his $100 credit.

 

[sniperruff]

;headache;

 

[Vegitto]

Originally posted by: MrChad
Have persons 2, 3 and 4 each give person 1 $25, then split the remaining payments four ways:

Month1: N/A
Month2: $17 each
Month3+: $21 each

With the savings from months 1 and 2, persons 2, 3 and 4 saved $4 + $21 = $25 in payments. These savings should get passed on to person 1, who saved $25 himself. That plus the $75 will be his $100 credit.

What he said.

 

[rh71]

muchos gracias... i think that makes sense.

 

[Kalbi]

Originally posted by: sniperruff
;headache;

wow exactly my thoughts and i'm a fkn accountant.