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

look if you pay a premium if you pay a premium every year of five hundred dollars of the .... the word premium litterally just means the amount that you would pay every year

Pay your fare here.

Nobody was processing the credit cards.

I'd be happy to compensate you for your services.

How would you like to pay me off by taking a couple of passengers to Ensenada?

And the payments?

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

The wages will be paid in proportion to the work done.

It always used to be metered and proportional to the service.

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

Payment

Pay up

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

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

But the important thing to realize is that these payments

The Joneses pay their servant by the week.

So all of these are payments.

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

The court decreed that the charge be paid.

It pays well, very well, for interesting material.

The payment will be in spice delivered in an unarmed diplomatic ship.

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

Which really makes you ask the question, if you know your cash payout is larger than the amount of that is going to be paid off when you die.

What's this, dear?

That will now compound over the next month.

So that is equal to 230,000 per job, which is claimed to be saved.

And let's say I pay another 100,000 for salaries and for security guards and all of that.

So for example you could go to the bank and say look I lost my job we're having trouble paying for this house now after paying real estate commissions and all the rest

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.

Processing Payment

Number of periods

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

And when will you settle your account?

If your rent comes in past the fifth, a late charge will be added.

So actually, let me do that.

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

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?

I'm sorry, you have to pay for the extra weight.

Payment per period

There's financing, there's installment plans.

I'll pay with travelers' checks.

Who received this money?

Being always a little bit more less financially savvy than the term life is that... this is going to this as long as you continue to pay this premium this is guarantee, cause you will die one day unless you know something the rest of us don't know.

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.