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What's the APR of a ‘pint to say thanks’?


Poll Started 10 March 09:

What's the APR of a ‘pint to say thanks for the cash’?

If someone lent you £20 and said "pay me back in a week, then buy me a pint (£2.75) and we’re sorted", what’s the equivalent APR?

Note: Thanks to Tony Levene’s guardian piece for inspring this. To calculate the APR,a compound rate has been used.

THE ANSWER? Click 'Discuss This Poll' link AFTER you’ve voted to find out..

A. 13.7%  
 31% (3033 votes)
B. 82%  
 6% (611 votes)
C. 275%  
 12% (1176 votes)
D. 137%  
 11% (1069 votes)
E. 2,750%  
 17% (1665 votes)
F. 13,700%  
 9% (922 votes)
G. 82,000%  
 7% (671 votes)
H. 275,000%  
 4% (371 votes)
I. 1.37 million %  
 4% (406 votes)


Total Votes: 9924

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