vault backup: 2024-08-10 09:01:40
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Work/Freelance/Brandhoot/Coupon service.md
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Work/Freelance/Brandhoot/Coupon service.md
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==Tags: #coupon==
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**Phase 1**
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Simple site that allows to build a coupon with:
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1. Client logo
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2. Title
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3. Coupon description
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4. Terms and service text
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Design
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- Dashed line around the coupon.
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- Mostly white
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- Nice and clean, but nothing special in terms of fancy design
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Technology
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- Ruby on Rails
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- Heroku
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- Sub-domain of brandhoot.com? own domain?
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**Phase 2**
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**Phase 3**
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Work/Freelance/OAP/OAP PayPal calculations errors.md
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Work/Freelance/OAP/OAP PayPal calculations errors.md
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| ------ | ---------- | ------ | ------------ | ------------------------------------------ | ------------------------- |
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| Total | Actual fee | Net | Expected Net | Actual percentage | |
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| 103.2 | 3.29 | 99.91 | 100 | (3.29 - .3) / 100 = 0.0299 * 100 = 2.99 | 103.2*0.029 + .3 = 3.2928 |
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| 499.29 | 14.78 | 484.51 | 484.93 | (14.78-.3) / 484.93 = 0.0299 * 100 = 2.99 | 499.29*.029+.3 = 14.7794 |
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| 550.74 | 16.27 | 534.47 | 534.93 | (16.27 -.3) / 534.93 = 0.0299 * 100 = 2.99 | 550.74*.029+.3=16.2715 |
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We are sending a payment of 103.20 to paypal which is what they then use to make the 2.9% + $0.30 fee calculation instead of basing it off of $100. So, the fee ends up being $3.29 instead of $3.20.
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We need a better formula:
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A * 0.029 + 0.3 = B
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A - B = C
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A = C + B
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C = 100
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(C + B)*0.029 + 0.3 = B
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0.029C + 0.029B + 0.3 = B
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0.029C + 0.3 = B-0.029B
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0.029C + 0.3 = 0.971B
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B = (0.029C + 0.3)/0.971
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0.029*100 + 0.3 = 3.2
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3.2/(1-0.029) = 3.2956
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