North Liberty and South Bend, Indiana | You said it yourself, interest rates and costs are inversly related. And I agree. You also said the variable is the degree of that inverse relationship, and that is my point. You and I probably agree 100% but your original wording may not have been expressing your thought well.
Unless I am missing something there is no way $1000 borrowed at 5% is equal to $500 at 20%.
Now, to not take those mentioned and given numbers as merely a relative scenario you are correct. Taken literally, no way. |
$$$ are going to be way short this year.
