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How Long Will It Take to Repay 2.6 Billion Yen at 100,000 Yen Per Month? A Realistic Look at Debt Repayment
Question from Readers:
How long would it take to repay 2.6 billion yen if I pay 100,000 yen each month? I’m struggling with the calculations.
Repaying 2.6 Billion Yen is a Terrifying Thought
While chatting with friends, the topic came up about how long it would take to repay 2.6 billion yen if I paid 100,000 yen a month. Initially, I thought, “Oh, that’s easy!” but when I did the math, the numbers were truly overwhelming. In one year, that’s 1.2 million yen; in 100 years, 120 million yen; in 200