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To: Mkilloran who wrote (79116)4/14/1999 5:49:00 PM
From: Jim McMannis  Read Replies (1) | Respond to of 186894
 
I'll take it.

Jim



To: Mkilloran who wrote (79116)4/14/1999 5:58:00 PM
From: John F. Dowd  Read Replies (1) | Respond to of 186894
 
Assumes cpu cost of $399 (they probably pay a lot less). A great way to tie up the customer for three years and lock in the eyeballs.
The ISP in this example nets 13.50 per month plus an upfront charge of 30.00 between their buy in and the plus the difference above assumed cpu cost. This should move a few Celerons if this concept catches on with the big boys.

Principal = $ 399
* Interest Rate = 7.00 %
* Amortization Period = 3 years
* Starting month = Jan
* Starting year= 1999
* Monthly Pre-payment= $ 0
* Annual Pre-payment= $ 0.00

------------------------------------------------------------------------

Your monthly payment will be $ 12.32

The following mortgage would result for 1999 :

* Jan : Prin: $ 9.99 Int: $ 2.33 Bal $ 389.01
* Feb : Prin: $ 10.05 Int: $ 2.27 Bal $ 378.96
* Mar : Prin: $ 10.11 Int: $ 2.21 Bal $ 368.85
* Apr : Prin: $ 10.17 Int: $ 2.15 Bal $ 358.68
* May : Prin: $ 10.23 Int: $ 2.09 Bal $ 348.45
* Jun : Prin: $ 10.29 Int: $ 2.03 Bal $ 338.16
* Jul : Prin: $ 10.35 Int: $ 1.97 Bal $ 327.82
* Aug : Prin: $ 10.41 Int: $ 1.91 Bal $ 317.41
* Sep : Prin: $ 10.47 Int: $ 1.85 Bal $ 306.94
* Oct : Prin: $ 10.53 Int: $ 1.79 Bal $ 296.41
* Nov : Prin: $ 10.59 Int: $ 1.73 Bal $ 285.82
* Dec : Prin: $ 10.65 Int: $ 1.67 Bal $ 275.17