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autovaton

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autovaton

Re: busterator post# 3188

Friday, 09/21/2018 1:49:20 PM

Friday, September 21, 2018 1:49:20 PM

Post# of 4448
I would imagine that it is an annual 10% compounded monthly but that they just did not use the word annual in the 10Q. When referring to interest rates, everyone just assumes annually as that is standard. Interest of 10% monthly would indeed by exorbitant and not likely. I'll ask Bruce and see what he says.
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