You still owe 48 dollars...which could increase ba<x>sed upon interest accrued...plus, have you paid taxes on the fifty dollar sum?<br />
You my friend owe more then you realize.<br />
I can lend you some money at five percent interest, but I will need collateral in order to satisfy the parameters of our agreement.<br />
Do we have a deal?
....see this is the feckin problm with the dollar ....stick to the Euro in which case it wouldnt matter a noggin of goat shite how much you loaned cause what the hell were all friends and we would drink the money anyway !!!!!
You are mixing your debits and credits across the accounting margin. You owe $48 (debit) and you have $1(Credit). If you pay your loan off you only owe $47.
your asking the wrong person and site XD