He’s considering the “unrecoverable costs” which on the loan is the interest (the principal payments are not unrecoverable). He assumes the interest on the loan at 3%.
Economic policy wonk by day. Personal finance writer by night. I write about investing, debt, and all things related to money. Editor of Making of a Millionaire
Economic policy wonk by day. Personal finance writer by night. I write about investing, debt, and all things related to money. Editor of Making of a Millionaire
