How long did it take the Loisels to repay their loan for the replacement necklace?

How long did it take the Loisels to repay their loan for the replacement?

Ans: The Loisels had to face ten years of hardships to repay the loan.

How do the Loisels pay for the replacement necklace?

4) How do the Loisels pay for the necklace’s replacement? They paid for it by using 18,000 francs that Monsieur Loisel inherited from his father, and they would borrow the rest.

How did the Loisels repay their loan?

The Loisels had to buy a diamond necklace for thirty-six thousand francs to replace the one that was lost. Matilda had to cut down on the household expenses and save money while Mr Loisel worked overtime and did copying work at nights. In this way, they could repay the money in ten years.

How long did it take the Loisels to repay the debt & How did they face the adverse times?

It took ten years to pay off the debts completely and the necklace had completely changed their lives. On the day, when Madam Forestier met Mrs Loisel, she couldn’t recognise her because she had changed so badly.

IT IS AMAZING:  What is diamond ring made of?

How long do Mathilde and her husband live the difficult life?

live the difficult life? 10 years.

How long does it take to pay a loan back?

The extended repayment plan gives borrowers up to 30 years to repay their loans in full, depending on the amount owed.

Extended repayment.

Loan balance Repayment term
$10,000 to $19,999 15 years
$20,000 to $39,999 20 years
$40,000 to $59,999 25 years
$60,000 or more 30 years

How do Loisels replace the necklace?

Answer: Loisel decided to buy a brand-new necklace and return it back to Madame Forestier. … He borrowed the other money from moneylenders, took money from usurers and collected 36000 francs to buy a identical necklace and return it back to Madame Forestier.

How did they pay for the new necklace?

Madame Loisel contributed to the cost of the new necklace by dismissing her servant, moving into a cheaper apartment, and doing all of the household chores by herself. Madame Loisel’s husband was forced to pick up a second job, and the couple worked endlessly for ten years to pay off the genuine necklace.