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Re: It's a proud moment for the UK!

By: Cactus Flower in ALEA | Recommend this post (0)
Thu, 04 Dec 14 6:14 PM | 27 view(s)
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Msg. 16392 of 54959
(This msg. is a reply to 16391 by faul)

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"Explain how a 5% coupon reduced to 3.5% coupon
on £1.9 billion over 100 years means a total
repayment of £5.5billion........?"

by doing arithmetic (while allowing for the changes in your numbers).

1.9 x 100 x 3.5% = 6.65


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The above is a reply to the following message:
Re: It's a proud moment for the UK!
By: faul
in ALEA
Thu, 04 Dec 14 5:58 PM
Msg. 16391 of 54959

Explain how a 5% coupon reduced to 3.5% coupon
on £1.9 billion over 100 years means a total
repayment of £5.5billion........?


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