You manage, the village manages these warehouses.

But just so you know what EBlT is, EBlT is just Earnings

I also want 100 of that.

That's why we say it compounds.

Let's say they have no interest expense.

So just as a review, let's say I'm running some type of a bank and I tell you that I am offering 10 interest that compounds annually.

My mortgage actually might be something like 4,000 a month.

Interest. Weekly.

So, for an extra 20 ...

And they've all failed as Triple Crown contenders.

So 5 on 100,000 is 5,000 per year in interest.

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

I'll have to take a 750,000 mortgage.

Number of payments per year

I don't know what a good rate is, 6 ?

Well I'm paying 750,000 times 6 a year.

They can't be bought, bullied, reasoned or negotiated with.

As we arrived at the gate of Nain, a funeral procession came out.

So 110 plus now 11.

If our earnings are 350,000.

And then we could take this down.

Let me write that.

We are assuming a very simple world, were the is no taxes, we have no debt, we have no intrest or things

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

That's... 65,625 with interest.

This is really important to pay attention to, because so many people say, oh, a company made this much.

She emerged victorious in the struggle.

We will win a great victory tomorrow.

These savages have no rights here.

And when people talk about earnings of a company, this is what they're talking about.

Number one son, not too clever.

This is unreported income gained from an illegal venture.

Our team came home in triumph.

Our team returned home after a huge victory.

...so complete a victory...

Well, 5 of 10 million I'm paying out 500,000.

Justice had triumphed once again.

So he makes 2,000.

But for the simplicity of this argument,

It just so happens we got your money, man, plus interest.

Yes, the answer is 2.

You give them more money they repay you that over a time.

Perfectly coordinated, it has resulted in the utter rout of the Eurasian army.

Maximum iterations are less than 1, fixed

He paid the loan with interest.