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Diamond Studded Apple iPhone 3G costs:12 crore only.

This is a discussion on Diamond Studded Apple iPhone 3G costs:12 crore only. within the Apple forums, part of the Mobile phones category; Originally Posted by Admin Life expectancy in India is 63 ... so 63 times 7 life times is 441 years ...

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Old 01-13-09, 12:15 PM   #21
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Life expectancy in India is 63 ... so 63 times 7 life times is 441 years in total

120000000 / 441 = Rs 272108 per year and thats without interest..

Thats Rs 22675 per month without any interest and as we all know getting a loan and that too for such a long tenure is not possible in my opinion.

If w add up the interest its going to be a few lakh rupees every month...

Any maths students here? how much would it be if the loan was at 14% interest?
Excel refuses to calculate it accurately. The answer it gave me was Rs. 16,800,000/- per year. or Rs. 1,400,000/- per month. (yes, 14 lakhs per month).

The formula is

= Pmt(rate, period, principal value, 0, 0)

rate = 14%
period = 441 years
Pv = 120,000,000
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Old 01-13-09, 12:28 PM   #22
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so the EMI comes to 14 lac....Will they provide loan for paying the EMI...
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Old 01-13-09, 12:32 PM   #23
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And remember that the calculation is not accurate. It is just an approximation.
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Old 01-13-09, 01:22 PM   #24
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so the EMI comes to 14 lac....Will they provide loan for paying the EMI...

i cant stop laughin........
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Old 01-13-09, 01:33 PM   #25
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Here's that Apple iPhone King
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Old 01-13-09, 06:59 PM   #26
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Mai apna ghar bech dunga, apni gadi bech dunga, kisi bhi tarah....
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Old 01-13-09, 07:15 PM   #27
 
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By the time you are done with 5 years installments your phone and the technology it uses will be outdated by then...
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Old 01-13-09, 07:36 PM   #28
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Now, back to IBB.........
compare the following pictures carefully, ADMIN does have the rights to use that phone (according to the above theory )




there are some striking resemblances, at least from this angle.
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thats Salman Khan farce!
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Old 05-24-09, 02:20 AM   #29
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even if i was filthy filthy rich i wouldn't buy it, whats the point! You might as well use the diamonds to make yourself a nice bracelet or something!
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Hmm, maybe would call those people total money wasters!
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My feelings exactly.
agar humare paas itne paise hote yaar to humari mentality bhi alag hoti......
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