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There are actually 52 weeks in a year but to keep the figures simple I have worked out these figures as if there were 50 weeks in a year. For example, the interest payment on $300,000 is actually $288.46 a week but to call it $300 is near enough. The actual figures are: $300,000 – $288.46 a week interest $200,000 – $192.31 a week interest $100,000 – $96.15 a week interest Back

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