Interest Table

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The following chart illustrates the amount of daily interest (45% compounded annually) for various loan amounts and time periods. Loans that extend past the 120 day period are also calculated using the same per diem rate.

INTEREST RATE LOAN AMOUNT PER DIEM 30 DAYS TOTAL INTEREST 60 DAYS TOTAL INTEREST 90 DAYS TOTAL INTEREST
45% $125.00 $.15 $4.50 $9.00 $13.50
45% 175.00 .22 6.60 13.20 19.80
45% 225.00 .28 8.40 16.80 25.20
45% 275.00 .34 10.20 20.40 30.60
45% 325.00 .40 12.00 24.00 36.00
45% 375.00 .46 13.80 27.60 41.40
45% 425.00 .52 15.60 31.20 46.80
45% 475.00 .59 17.70 35.40 53.10
45% 525.00 .65 19.50 39.00 58.50
45% 575.00 .71 21.30 42.60 63.90
45% 625.00 .77 23.10 46.20 69.30
45% 675.00 .83 24.90 49.80 74.70
45% 725.00 .89 26.70 53.40 80.10
45% 775.00 .96 28.80 57.60 86.40
45% 825.00 1.02 30.60 61.20 91.80
45% 875.00 1.08 32.40 64.80 97.20
45% 925.00 1.14 34.20 68.40 102.60
45% 975.00 1.20 36.00 72.00 108.00
45% 1,025.00 1.26 37.92 75.84 113.76
45% 1,225.00 1.51 45.30 90.60 135.90
45% 1,525.00 1.88 56.40 112.80 169.20
45% 2,025.00 2.50 74.91 149.82 224.73
45% 2,525.00 3.11 93.39 186.78 280.17
45% 3,025.00 3.73 111.87 223.74 335.61
45% 3,525.00 4.35 130.38 260.76 391.14
45% 4,025.00 4.96 148.86 297.72 446.58
45% 4,525.00 5.58 167.37 334.74 502.11
45% 5,025.00 6.20 185.85 371.70 557.55
45% 10,025.00 12.36 370.80 741.60 1,112.40