J
jack
Guest
Greetings,
A friend of mine borrowed 20000 irish punts from her sister approx 18 years ago.My friend (the borrower) hit pretty hard financial times when she borrowed the money but alas her sister now wants the money back.Is it possible to calculate how much would be owing to my friends sister assuming her sister had left that money on deposit for the last 18 years.
I presume compound interest,inflation,euro changeover, and God only knows whatever else would come into this calculation.
Kind regards ,
Jack
A friend of mine borrowed 20000 irish punts from her sister approx 18 years ago.My friend (the borrower) hit pretty hard financial times when she borrowed the money but alas her sister now wants the money back.Is it possible to calculate how much would be owing to my friends sister assuming her sister had left that money on deposit for the last 18 years.
I presume compound interest,inflation,euro changeover, and God only knows whatever else would come into this calculation.
Kind regards ,
Jack