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

We could go to my place and sort out the rent.

He paid the money on the spot.

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

So actually, let me do that.

That will now compound over the next month.

And the payments?

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

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.

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

Please use an alternative method of payment.

Payment

Pay up

We're waiting for our wages

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?

So the way to think about a bank account is, well how much do I pay for that bank account?

What's this, dear?

I probably wouldn't have noticed if you hadn't pointed it out.

It's just a deposit kind of thing.

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

So the same thing is true when you're doing a discount rate.

Processing Payment

Number of periods

I'd like to pay the check, please.

And when will you settle your account?

They understand this is the most significant intervention they can make.

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

I'll pay with travelers' checks.

Who received this money?

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

Smith demanded payment.

Let me do that in red.

Then they don't pay anything.

One of the things I just want to reemphasize because we mentioned it earlier is the difference between single sided markets and multi sided markets.

Let's say you have some debt that you took from a company, and the debt is going to last for 10 years, and you had to pay a one time lump sum to the bank.

You're left with 500,000 of pre tax income.

Please pay the tax.

I miss you, sweety.

So I go to the insurance agent and the insurance agent says

So it's a little bit more complicated than just saying, oh, look at that, they're giving a 6 coupon, which essentially means twice a year they're going to give me 3 of the value of my bond.

In the depreciation video, we saw that if a company had to buy some equipment for its factory, let's say at the beginning of 2007, just based on the cash that went out of the door, there might have been this temptation to say,

I miss him.

But the important thing to realize is that these payments

So this is a good way to think about it.

They sell off the assets.