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Mathematics 12 Online
OpenStudy (anonymous):

What does minimum payout: $50 USD mean?

OpenStudy (anonymous):

If I had to guess I would say you have to pay at least 50 dollars... lol

OpenStudy (jdoe0001):

yeap

OpenStudy (jdoe0001):

sorta like say... if you play the lottery, the "minimum payout" or the least you'd get will be say $40 or if the verdict in court goes in your favour, the "minimum payout" or the least compensation you'd get will be say $10,000 plus legal fees so is the lower bound in a range of a payout

OpenStudy (anonymous):

I still don't understand. lol

OpenStudy (anonymous):

the minimum amount that will be obtained

OpenStudy (anonymous):

But what if you earned like $200? You only get $50 each wire transfer? ahahaa This is for a job I'm looking at.

OpenStudy (jdoe0001):

ok... if your dad says..... ok if you do the dishes for breakfast and lunch, I may give you $20 as gift.... now, that depends on how many dishes you have to do if it's just a little, I'd give you $20, if it's a lot , I'd give you in between $20 and $40, depending on the extra amount BUT the least for SURE I'd give you, will be $20, at the very least that's what you'd get, so that's the minimum you can expect, and thus the "minimum payout"

OpenStudy (anonymous):

And they require a $50 min payout.

OpenStudy (anonymous):

I'm trying to understand that if I earned $200, for a direct deposit, they'd only send $50? But I am assuming if I had AT LEAST fifty dollars then I get more pay. It's just confusing.

OpenStudy (jdoe0001):

har har har, welcome to economics, obfuscated lingo and fine[ really tiny ] prints, so people can't tell when they're being taken =) if, then else, otherwise...only if but if when that but if then not only but excluding and retroactive =)

OpenStudy (jdoe0001):

depends on the material you're looking at and its context

OpenStudy (anonymous):

OpenStudy (anonymous):

welp, I think I figured out what it meant. like...as long as you have $50 y ou will be paid (: it's just the minimum they give out, duh :)

OpenStudy (jdoe0001):

why are they paying you that again?

OpenStudy (jdoe0001):

I mean, there's still missing context

OpenStudy (anonymous):

It is for the job I want. lol

OpenStudy (anonymous):

I would be paid for working.

OpenStudy (anonymous):

Pretty sure it means you will get paid 50 dollars regardless of how well you work

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