[e-gold-list] RE: inquiring minds

[David Hillary]

Viking Coder wrote:
> uh...It's very simple. The agio fee is 1% per annum taken monthly. i.e.
> 0.08125%/month

sorry to be pedantic, but a 1% p.a. fee debited monthly is
((1/0.99)^(1/12))-1, which is 0.00083787881 or 0.083787881% per month.

Davud Hillary

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