12∞ · Question 10.6.6
How much does interest really cost me?
Often more than the thing you bought. On a long mortgage you may repay nearly twice the amount borrowed.
From the book 12∞ Twelve to Infinity by D.R. Davenport. The full answer is free to read with an iBelieve account.
Where it sits in the book
- Part
- 10: Money, Energy, Work, and Abundance
- Gate
- 10.6: Debt
- In print
- Page 338
- ← 10.6.5 · When does it make sense to borrow for a business?
- 10.6.7 → · Is bankruptcy a moral failure?
- All of Part 10
Topics
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