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Re: IronMan123 post# 94805

Saturday, 08/14/2021 3:44:49 PM

Saturday, August 14, 2021 3:44:49 PM

Post# of 111126
Quick back of an envelope calculation of interest.
They all offer various rates but average of the four is near 6.2% a year.
BK in 2008 would be 13 years.
$25 par x .062 = $1.55 interest income a year potential.
13 ( years) x 1.55 = $20.15 total interest.
The interest isn’t compounding so this number is within fractions of a dollar per year what the income would be.

Par $25 + $20.15 interest = $45.15.

Git’er done.
I’m going to have a Sinatra. Cheers