To: nevergore
I suppose someone could over complicate it and say that they did not know the term of the loan, and 3% charged annually would be more on a long term loan. ??
13 posted on
11/19/2015 8:29:46 AM PST by
The Ghost of FReepers Past
(Woe unto them that call evil good, and good evil; that put darkness for light..... Isaiah 5:20)
To: The Ghost of FReepers Past
It was simply 105 or 100 +3%. No annual percentage just a simple +3%.
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