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Think today's interest rates are high? The Pilgrims borrowed $7000 from a London company of 70 investors in 1620, and devoted the next 23 years to repaying it at 43 percent.
L. M. Boyd
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L. M. Boyd
Age: 79 †
Born: 1927
Born: June 9
Died: 2007
Died: January 22
Columnist
Journalist
High
Borrowed
Interest
Rates
Next
Investors
Today
Devoted
Years
London
Think
Rate
Repaying
Thinking
Percent
Pilgrims
Company
Pilgrim
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