i know to many conser ati e type people such thinking makes no sense but can anyone do this calculation for me,,say a person borrows 50000 on matercard at 3%upfront fee plus 20%pa and keeps it there with tiny additional cash ad ances for 50 years ,how much does bank actually get in addition to original 50000 and why is that person still classified as unsecured high risk e en after 49years? when bank has multiplied their money so much
CBA TA update, page-854
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