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Re: srinsocal post# 241387

Wednesday, 11/18/2020 11:55:30 AM

Wednesday, November 18, 2020 11:55:30 AM

Post# of 330173
Help me understand how you calculated BIEL note, the face value of $100,000, dated January 13, 2020, and held by Richard Staelin Revocable Trust to be at 8% interest?

The accrued interest from January 13, 2020, to September 30, 2020, is $13,699. That 13.7% for less than 9-months of lending.

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