And interest is being charged on $1,000. not the original $100. $1,000 in existence, $20 in interest due. $1,000 in existence, $1,020 due to be paid...
I pulled a pistol on a Sheriff's deputy before. When it was all over the deputy apologized for his actions and we all had a laugh after he told us he...
If only 100 dollars exists in the system and you borrow that $100 at 5% interest, when you are done paying the loan off in a year it would have cost...