And of course the difference is the money that he had to spend on tax.

I think most of us understand the general idea about life insurance

Essentially, when you take a traditional mortgage, kind of a 30 year fixed, every month you're paying a little bit more than the interest, just to take down the balance.

So zero coupon essentially means they're not paying interest until they pay off the whole loan.

I pay you to act.

You have no loan left over.

We fixed the pricing, taking into account what they would save in bus fare in coming to a city, so they pay about 20 rupees, and that's good for three consultations.

How many years of protection do I need?

And for the sake of simplicity, I'm going to assume that the loans in this presentation are interest only loans.

L'll pay for the horse.

And for that I will pay you 150,000... cash.

And you could guess what the next line is going to be, given that this says pre tax.

That would be a certificate that's an IOU from a company.

If I buy, if I directly buy a bond from a U.S. corporation, I'm essentially lending that money to the corporation.

The fine shall be paid in cash.

Number of payments per year

It's just a deposit kind of thing.

I paid him the money due to him.

They bought all these loans.

The mortgage payment, we calculated that before, using our mathematical knowledge of geometric series.

I'd like to pay in cash.

I'd like to pay in cash.

I paid fifty percent down for the car.

And when the 1 billion came from that local bank, all the payments, the interest payments, went to the bank.

At the moment, however, this money was not nearly sufficient to permit the family to

I will make him pay the money.

Please pay the tax.

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

If the ransom not paid...

The interest rates obviously change, and we'll do future presentations on what causes the interest rates to change.

And then, let's just say they're in the Caribbean and they don't have to pay taxes.

The bill was paid in coin.

FOREMAN

But let's say that the two year rate, they'll give you 5 .

I demanded that he should pay.

So you have accounts receivable of 400

So he actually has 100,000 of cash to buy his pizzeria, so he buys it outright.

What? The fella came in offering a full amount of cash.

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

Let's say Pension Fund 1 were to lend 1 billion to A.

So I have to pay some interest. There was 10 interest.

So he makes 2,000.

So to live in this house, how much am I paying just in interest?

And also you can deduct, actually, the property tax.

I paid for the purchase in cash.