If you don’t pay until the end, the payout is (1+rate)^years. 1.08^30=10.06 times the loan for 8% for 30 years.
posted on 12/07/2012 4:18:39 PM PST
(Big Bird is a brood parasite: laid in our nest 43 years ago and we are still feeding him.)
posted on 12/07/2012 4:34:05 PM PST
by Attention Surplus Disorder
(This stuff we're going through now, this is nothing compared to the middle ages.)
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