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| Topic | Trump Trials General Part 8 |
| GTA1984 02/26/24 1:41:31 AM #472: | The formula for interest is prt which means you multiply the principal or money owed, the rate of interest, and the time in years. For instance a million dollar principal that began on July 1, 2022 would be calculated like this:
1,000,000 X .09 X (605/365)=149,178 To get the actual amount owed you simply add the interest to the principal. With the Trump ruling it is a bit more complicated. You have multiple penalties starting at different points in time with compounding interest also being a factor. --- I wish I was over yonder with my cronies The above sig was made so I could put yonder and cronies in a sig ... Copied to Clipboard! |
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