They have no money down, 1 million loan, subprime, negative amortization, they had no credit rating, etc, etc.

There's financing, there's installment plans.

Let's split the bill.

He payed in installments.

You might want to watch the videos on present value.

But we want to split the pay that's due them, instead.

And then year 10, I pay the 100,000 plus I pay back the 1 million.

And the payments?

That will now compound over the next month.

What's this, dear?

You're going to pay it over 30 years, or you could say that's 360 months.

And you say, this group of the CDOs, they'll get the first payments. or if any payments that go, immediately go to this very senior tranche, right?

Because some of them have paid, and some of them are still paying.

Payment

Pay up

But the important thing to realize is that these payments

We were only getting paid for DeMarco.

He owned Mark after that dinner.

Please use an alternative method of payment.

Does it have to be the full amount?

Processing Payment

Number of periods

So all of these are payments.

And when will you settle your account?

So what they do is out of this 10 , they pay them some of the basis points.

So actually, let me do that.

And then some of its payment is today.

Because it's 10 . 100 million in payments.

Coupons per year

Then we'll expect payment.

It's just a deposit kind of thing.

I'll pay with travelers' checks.

Who received this money?

So on day zero, you have a 200,000 loan.

Pay moishe for what?

Look, I don't run a layaway program.

We'll reimburse you ... in installments

Choice 3, I am going to pay you I'm making this up on the fly as I go I'm going to pay you 20 today.

Mr Experimenter, I solved X problems. Give me X tokens.

Some of which is interest, some of which is principle, but it's the same amount you're going to pay every month to pay down that loan plus interest.

I prefer payment in full to payment in part.

Because after you've paid your final payment, you're done paying off the house.

On the contrary, passengers themselves must pay.

Number of payments per year

Let me do that in red.