this post was submitted on 31 Aug 2025
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[โ€“] PeriodicallyPedantic@lemmy.ca 1 points 8 hours ago (1 children)

You typically earn interest for granting someone the privilege of the use of your money.
Do products in warehouse typically earn interest, or do they depreciate?

[โ€“] ramjambamalam@lemmy.ca 1 points 7 hours ago* (last edited 7 hours ago)

Your username checks out, lol. At 5% APR, 30 days' worth of interest on this $390 purchase is ~$1.63.

And if we consider that Nike is acting as a bookmaker in this case, the house edge for a bookmaker is around that amount anyway. Nike is likely to bake this edge into their margin anyway, but I don't think it's likely that you'd get a bonus of $1.63 if you win this bet, in this hypothetical.