Well then you start with your loan amount.

Let's say that I is equal to the loan amount.

So I have a new loan here, that amount is 325,000.

Now you have some amount still left over of your loan.

We can say that our loan amount is equal to our monthly payment times this thing.

Credit is the amount or sum placed at a person's disposal by a bank a loan of money.

So you're essentially taking the present value of your payments and once again, you get your loan amount.

Because this 500,000 loan is not an unsecured loan.

And this new loan is the most senior loan.

In this situation, you take your payment, you discount it by your monthly interest rate, you get the loan amount.

So 900 loan.

Let's say this loan, the loan from Bank B to

Or enough of a loan to pay off that loan.

So I have a loan, 100 loan. That's my asset.

Pay off the old loan, and get a new loan.

We took it, repaid the first loan, then took the second, repaid and we go on repaying and increasing the amount.

By being loan sharks.

loan to Bank A.

loan from Bank A.

loan to Bank D.

loan money to anyone.

Loan to Entrepreneur D.

We have Loan C.

It's about your loan.

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They just can't get another credit card loan or a home equity loan.

The loan carries 5.5 interest.

loan from a third bank.

They're temporarily holding the loan.

Did you get the loan?

So I'll give out a 2,000 gold piece loan to that person. 2,000 loan.

So this same expression I just wrote up there, if I wrote it in abstract terms, you start off with a loan amount l.

But in general, hopefully, I've shown to you that we can write the loan amount as the present value of all of the payments.

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