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

Number of payments per year

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

So he makes 2,000.

That has got to be stopped.

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

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

How many years of protection do I need?

If I doubt my older sister's ability to pay back the 10 percent interest

They bought all these loans.

This debt was not paid off with the interest until 1947.

He paid the loan with interest.

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

Payment

Pay up

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

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

You have no loan left over.

I would get 1 million from them.

Processing Payment

Number of periods

And the payments?

And they say, you know what?

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.

A security is an ownership that's tradable in a company.

That will now compound over the next month.

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

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

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

So actually, let me do that.

He gives you money.

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.

They allotted to each player the benefits due him.

That's its asset it has.

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?