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Re: OT: US Monopoly Money

Speaking of spending via credit cards, or borrowing:

We got our MasterCard bill in the mail yesterday. We had charged items such as furniture for the new house, and the bill was $4899.83 ..... but we only had to pay a minimum payment of $142.60 ....

Of note was a paragraph under the list of expenditures. "At your current rates of interest, if you make only your minimum payment by its due date each month, it will take approximately 43 years and 5 months to repay the account balance shown on this statement."

Do I wonder why RBC showed a 3rd quarter profit of $1.5 Billion?? Nope. I paid it off.

carpman, 6/1/2011
CCRS member since: 8/2/2004
Posts: 5255


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Postings in this thread

OT: US Monopoly Money (nybirdy, 5/30/2011)
 Re: OT: US Monopoly Money (Alan_in_Tennessee, 5/30/2011)
  Re: OT: US Monopoly Money (JAM, 5/31/2011)
   Re: OT: US Monopoly Money (Alan_in_Tennessee, 6/1/2011)
    Re: OT: US Monopoly Money (Rick Simpson, 6/1/2011)
     Re: OT: US Monopoly Money (Alan_in_Tennessee, 6/1/2011)
      Re: OT: US Monopoly Money (carpman, 6/1/2011)
    Re: OT: US Monopoly Money (JAM, 6/3/2011)
     [this post has been deleted by its author] (6/3/2011)
      Re: OT: US Monopoly Money (Dick, 6/3/2011)
     Re: OT: US Monopoly Money (Dick, 6/3/2011)
      [this post has been deleted by its author] (6/3/2011)
      Re: OT: US Monopoly Money (Alan_in_Tennessee, 6/4/2011)
      Re: OT: US Monopoly Money (Dick, 6/6/2011)
 Re: OT: US Monopoly Money (Dick, 6/3/2011)

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