BlondeFish;369789 wroteUsing T8urmoney as an example, he paid $485 through INTERAC, which I haven't deposited yet. He will end up with $540.68 (485 / 2175.25 * 2425).
I'm not a BAP expert, but I come up with a completely different result. Take the 5% example noted, it cost someone $485 for 5% of your BAP. So for any satellite or tournament that you played, they would be charged a markup of 1.13 but would get 5% of any cash. So if you played the $275 and $550 satellites and the $1.1k tournament, wouldn't this be the calculation?
Initial BAP amount (5%)...........................$485
$1.1k tournament ($1,100 x 5% x 1.13)......(62)
$275 Satellite entry ($275 x 5% x 1.13)......(16)
$275 Satellite cash ($2,425 x 5%).............121
$550 Satellite entry ($550 x 5% x 1.13).....(31)
Total.....................................................$497
ROI 2.47% ($497 - $485/$485)
I think you are taking into account only the return on the tournaments you played, but you wouldn't need to pay a percentage return for the portion of the BAP that wasn't used.
So you used $109 ($62 + $16 + $31) of the $485 invested, so the difference of $376 ($485 - $109) gets returned as it was unused. The $109 earned a return of 11.48% as noted, so you owe $121 ($109 x 1.1148) for this used portion, resulting in a total return of $497 on the initial $485 invested.
This is from the audit firm of Deloitte Compuease Moose Popkorn & Jah :)