[Noisebridge-discuss] Proposal: Discounted full-year dues

[Seth David Schoen]

Shannon Lee writes:

> I would like to pay my membership 50 months in advance please kthnks

This could actually use the NPV formula.

If Noisebridge has an interest-bearing account, it could be set up
so that the amount of money Noisebridge actually has in the bank at
time t as a result of your payment is the same as if you had paid $80
at time t.

https://secure.wikimedia.org/wikipedia/en/wiki/Time_value_of_money

That is, maybe the proposal should be to offer members the option
to pay the net present value of their membership over a certain
number of months now, instead of paying their membership dues
during that time.  If the accounting is done properly, this should
result in Noisebridge having _exactly the same amount of money_
at the end of that period, as a result of interest payments from the
bank.

-- 
Seth David Schoen <schoen at loyalty.org> | Qué empresa fácil no pensar en
     http://www.loyalty.org/~schoen/   | un tigre, reflexioné.
     http://vitanuova.loyalty.org/     |            -- Borges, El Zahir