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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: Sr K who wrote (77994)4/19/2008 9:53:27 AM
From: Webster Groves  Read Replies (1) of 116555
 
<For quarterly loan payments, 6.5% would be profitable, and 9.5% would have a usual margin -- "if inflation is 10%">

One reason credit cards are so popular is that many people are so weak in simple math.

Are you "trying" to do simple compounding of quarterly payments ?

wg
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