Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 49.09

-0.3%

2:47 PM EST

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To: Raymond Thomas who wrote ()	12/31/1996 8:41:00 PM
From: Joe Fang	of 186894

PLEASE HELP ALL...I have a question...if I wanted to buy INTEL on margin (at 8.5 percent interest) how much do I really have to pay ? Example... buy 1000 shares of INTEL at 131 = 131000 dollars. add 8.5 interest and hold for approx. 20 days how much do I have to pay ? Does one pay a flat 8.5 % on the money borrowed or is it adjusted to the number of days that this borrowed money from the brokerage is held ? Thanks in advance, JOE

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