DAWG
July 4 2005 7:26 PM EDT
7 Mill Loan for redemption...
starting rate is 5% a week increasing 1% every 2 weeks...
Starting Ballance: $7,350,000
DAWG
July 4 2005 7:27 PM EDT
oops can't spell Balance not Ballance
Redemption (Alsky) 4.226.27.117 DAWG (Hellfire) $1000000 -- loan payment 12:57 AM EDT
1 mil down
DAWG
July 11 2005 5:38 AM EDT
Interest addition @ 5%
previous balance: $6,350,000
Interest Added: $317,500
New Balance: $6,667,500
if im not mistaken i think i specified in the other thread with you confirmed that you were not to loan the money until wednesday july 6 so the loan should start then right?
350k sent...that should pay off the intrest from the week im finsishing before the other intrest applies.....so my balance should now be
balance: 6,300,000
DAWG
July 19 2005 2:46 AM EDT
ok that is fine I didn't remember specifying a date to start the interest but that is fine I have redone my paper work and calculations to correct everything....
Transactions since beginning:
7/6/2005 Starting Bal $7,000,000
7/6/2005 interest $350,000
7/8/2005 payment $1,000,000
7/13/2005 payment $350,000
7/13/2005 interest $300,000
Current Balance is now $6,300,000
Next interest posting will be the 20th of 6%
900k paid off....
total due: 5,400,000
DAWG
July 20 2005 12:50 AM EDT
Interest addition @ 6%
previous balance: $5,400,000
Interest Added: $324,000
New Balance: $5,724,000
DAWG
July 27 2005 2:10 AM EDT
Interest addition @ 6%
previous balance: $5,384,000
Interest Added: $323,040
New Balance: $5,707,040
Redemption (Alsky) 4.131.68.4 DAWG (Hellfire) $5707040 -- final payment 12:24 PM EDT
loan paid off....
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