well when I was in the Royal Navy
many eons ago a 2 quid loan till payday was repaid at 2.25 quid on payday. What is that interest rate? No, it wasnt from the purser or postal savings bank. They wouldnt loan people like me a dime.
thanx,
bill
Any opinions expressed by me are mine alone, posted from my home computer, on my own time as a free american and do not reflect the opinions of any person or company that I have had professional relations with in the past 50 years. meep