Thread: How Can You Pay OFF your debts ???
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Old 10-07-2007, 06:30 PM  
rowan
Too lazy to set a custom title
 
Join Date: Mar 2002
Location: Australia
Posts: 17,393
Quote:
Originally Posted by Luc Lone Ly View Post
5k I borrowed from my friend, paying 8% interest every month.
Is that 8% p/a interest with payments every month, or 8% PER MONTH

If it's the latter then that's nearly 100% p/a
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