Fees on Withdrawal Payouts

Hi all,

We had a club ask us to give them of an example of how a "Fee" (penalty) charged on a withdrawal affected the withdrawal payout and the accounts of the other members in the club.

We put together this simple example to show them. Thought some of you might find it interesting also.


Note that a 20% "Fee" on a withdrawal is a pretty stiff penalty on the person withdrawing. We wouldn't recommend that you charge them that.

Laurie Frederiksen
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