I also want 100 of that.

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

If our earnings are 350,000.

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

Accrued interest will be paid into your account.

The state already uses taxes to pay salaries

Most people would get more in the monthly dividend than they'd pay in increased prices.

He paid the loan with interest.

That's why we say it compounds.

Let's say they have no interest expense.

A bank lends us money at interest.

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.

They've been good performers in profits and dividends.

Interest. Weekly.

During normal times in the economy, the Fed tries to control the amount of economic activity that's occuring by targeting the federal funds rate the fed funds rate.

We were talking about Ignat.

And let's say you're paying 6 interest.

So, for an extra 20 ...

This is actually the power of compounding interest.

You can use the delivery service for a small additional charge.

A bank says, OK, sure, I'll give you a 500,000 home equity loan, and in exchange, get 8 interest on that loan.

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

That's 100 , right?

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

Number of payments per year

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

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

We all have heard of it.

We borrowed money at high interest.

Available layouts

This is really just for instructive purposes.

You'll get your cut.

Oh, my rate right.

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

The company exploited its workers with low pay.

Remember, this is the annual interest rate but this is an overnight loan.

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

Impose limits on what credit card companies can charge in interest and on what they can charge in fees.

But...

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

Interest on loans is high at present.

So let's say I'm charging r percent.

So we'll say Hey this is your cash for tonight, if you need it for the next night, we'll talk again.

The loan carries 5.5 interest.

You manage, the village manages these warehouses.