So this is a good way to think about it.

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So people are paying a discount to the number we just calculated.

I believe is 17 or 18.

Why on earth would anyone pay 100?

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

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

Payment

Pay up

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Number of periods

And the payments?

So, that too, and also when I was there that time I didn't really exchange any money so he was paying for all of my food and that was another reason that I was asking him.

That will now compound over the next month.

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

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

So actually, let me do that.

What's this, dear?

He pays good.

Does it have to be the full amount?

I pay you to act.

That's right, all of it.

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?

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

You just go to the website, fill out the form, give them 60, and it arrives in the post.

I'll pay with travelers' checks.

I will pay for it by check.

So Google Search was a very simple multi sided market just two sides.

Who received this money?

And when will you settle your account?

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.

Let's say it borrows 100 and it promises to pay it in a year.

But the important thing to realize is that these payments

You will pay for that life, or you will pay with yours.

Ken Olsen famously said, nobody needs a computer in the home.

Can I pay by credit card?

Can I pay with a credit card?

He paid with a credit card.

Payment per period

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

We were only getting paid for DeMarco.

L'll pay for the horse.

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

There's financing, there's installment plans.