Annuity, Calculate the cost of Usury!
Here’s a useful tool to calculate the cost of Usury on a loan based on annuities: regular equal payments over a period. It for instance calculates the cost of Usury on a mortgage at any given principal/interest rate/period.
It’s a simple excel sheet that allows you to change Principal, number of payments and Interest Rates.
It can be found permanently at the Resource Page.
Many thanks to Sjaak Adriaanse.
Here goes: annuity
Thanks for yet another bookmark i will use often to educate others in the fight against the money power. It’s hard to believe but i do encounter people that don’t know what it is or why it is so destructive.
Thanks pm,good to hear!