Re: Mortgage that Starship!!

> Resent-Message-Id: [email removed]
> Archive-Message-Number: 1024
> From: [email removed]
> Message-Id: [email removed]
> Subject: Re:Mortgage that Starship!!
> To: [email removed]
> Date: Thu, 15 Feb 90 8:55:55 PST
>
> >So, the bottom line is Cr. 49,272.30 for fuel, Cr. 4,900 for Life Support,
> >8,850 in salaries, and Cr. 1,200 in berthing fees, which works out to a
> >total of Cr. 64,222.30.  Out of Cr. 77,503.08, we are left with Cr. 13,280.78
> >for quarterly profit, or Cr. 53,123.12 per year.
>
> Oops!  I left out the annual maintenance fee!  That was calculated as...
>
> >The annual maintenance fee cannot be avoided, if the ship is to keep flying.
> >This amounts to 0.1% of the cash price of the ship annually (Cr. 20,535,
> >in this case), which works out to Cr. 5,133.75 per quarter.
>
> So, the actual total is Cr. 69,356.05.  This leaves (77,503.08 - 69,356.05)
> or Cr. 8,147.03 net profit per quarter.
>
> But, wait!  Perhaps I'm too generous with the annual maintenance fee.
> Afterall, as a car gets older, it's maintenance costs go up, not down.
> Why not assume the same for a starship?  Lets just use the original price
> as a calculation base, instead of half the original price.  This would
> double the amount shown above (Cr. 10,267.50, instead of Cr. 5,133.75),
> so by subtracting the second half (Cr. 5,133.75) for the net, we get
> an actual net profit of Cr. 3,013.28 per quarter.  Again, before taxes.
> I don't know about you, but Cr. 1,004.43 per month sounds kinda' slim
> to me.
>
> Later,
>
>         Mark F. Cook


Y'know, I had this same problem.  No matter what I did with the
numbers, I could NOT get them to come out in any way, shape, or
form to be analogous to what happens today when you buy a house,
which is the model I was using.

My problems with it were that the interest rates were coming
out far too LOW.   4% just doesn't seem right to me, in these
inflation prone times.

The other thing is, of course, what you mention above.  It
seems almost impossible to make any real kind of profit with
any moderately good ship.

Perhaps we should adopt the tone of many sci-fi books and have
the ships be HUNDREDS of years old.

Anyone care to adventure on a TL12 400 tonner?

arturo perez
<my signature-appending software doesn't work :-(

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