eraptimatics - banking erap style

let's do some simple mathematics based on court case 26558 - the erap comedy show.

the court convicted erap of liability amounting to the following:
P545.3Mpayola (jueteng)
P200.0Mmuslim youth foundation
P189.0Mcommission collected for GSIS and SSS buying Belle Stocks
P300.0MBoracay Mansion

if we are to assume that the Boracay Mansion is evaluated to cost P300.0M, total liability of erap will amount to P1.23B. Let's further assume an annual interest of 7% for time deposit and compound this for six years, this figure will roughly come out to P1.85B.

now let's review the jose velarde account that amounted to P3.23B. using the same concept of compounded 7% annual interest for six years, that amount should be at P4.85B

there is still an unaccounted amount of P3.00B - earnings from erap's sari-sari store?

someone has got to account for this amount, hopefully bongbong marcos will not come out and claim that his family owns 60% of erap's assets as that will surprisingly amount to P3.00B - interesting?

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