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Old 04-23-2009, 04:37 PM   #41
Buck Buck is offline
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Join Date: Nov 2006
Location: San Diego
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Quote:
Originally Posted by Mr. Flopnuts View Post
The only difference between that and a normal interest loan is, you pay interest on your interest with a compounded interest loan.
Can you do the math for me?

10% of the $3400 is $340

So Then you owe $3740 total?

I'm trying to help a friend out.
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