I"ll be loaning Mitt 2.5 million cb2$ at a 4% interest rate calculated weekly. ( compounded ) Mitt is using this money to purchase Db's. The db's he is purchasing will be held by me as collateral until Mitt as payed off his debt, to me.
The Xfer fees of loaning the item to him will be paid by him.
This loan is to be paid back no later than January 3, 2007. (should be plenty of time )
Please confirm.
[P]Mitt
November 3 2006 4:24 PM EST
I agree, but I do not need them loaned to me. I'm just buying them for a future tank.
Transfers Made:
Sir Leon [t] (Odysseus) 68.34.135.180 Stephen [t] (Vault) $2500000 -- For Mitts db's 6:35 PM EST
Stephen [t] (Alphabeticus) 61.29.44.254 Sir Leon [t] (Mishras Factory) A Pair of Displacement Boots ($1587109) 5:58 PM EST
Total Due: 2,600,000 (Please send all payments to Odysseus)
Interest will be calculated again on November 12, 2006.
[P]Mitt
November 5 2006 6:43 PM EST
Mitt [t] (Mitt) 71.202.240.77 Sir Leon [t] (Odysseus) $200000 6:42 PM EST
2.4M remaining. I'll hold off on the future payments until I can accrue a large enough sum, then send it before the next interest day :)
[P]Mitt
November 11 2006 12:59 PM EST
Mitt [t] (Mitt) 71.202.240.77 Sir Leon [t] (Mishras Factory) $2000000 12:59 PM EST
400k remaining :)
[P]Mitt
November 12 2006 6:19 PM EST
Mitt [t] (Mitt) 71.202.240.77 Sir Leon [t] (Odysseus) $100277 6:16 PM EST
400,000 - 100,277 = 299,723
299,723*1.04 = 311,712 remaining. (money was transferred exactly one week ago, minus 9 minutes (which means I scraped the cash in at 167.85 hours - a week is 168 hours) :)
[P]Mitt
November 16 2006 12:30 AM EST
Mitt [t] (Mitt) 71.202.240.77 Sir Leon [t] (Odysseus) $311712 12:28 AM EST
Paid off. Please Send the DBs to Mitt :)
Total amount paid: 2,611,989.
Effective interest: 4.47956%.
Thanks!
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