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LessIsMore

03/10/23 12:13 PM

#575200 RE: kabunushi #575196

LOL wow Kab is that how you calculate interest? Just add them up?

From my post yesterday.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171399519

Distressed financing once again:

8% interest on loan
10% OID
10% "premium" added to 14 monthly installments

I've calculated a 25.2% effective annual rate on this loan.