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..
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..
Results
| A. 13.7% |  |
3,033 votes (31 %) |
| B. 82% | |
611 votes (6 %) |
| C. 275% | |
1,176 votes (12 %) |
| D. 137% | |
1,069 votes (11 %) |
| E. 2,750% | |
1,665 votes (17 %) |
| F. 13,700% | |
922 votes (9 %) |
| G. 82,000% | |
671 votes (7 %) |
| H. 275,000% | |
371 votes (4 %) |
| I. 1.37 million % | |
406 votes (4 %) |
9,924 votes received.
We try to use technology to limit voting to one per person. Occasionally, this may erroneously block a few people's votes (eg, from shared offices). Apologies for that.
Latest weekly email
Clever ways to calculate your finances
