What this equation merely says is that the present value of your remaining payments is always equal to the mortgage balance.
这个等式说明了,剩余偿还额的现值,就等于抵押贷款的余额
The really interesting thing about payments in the financial world is no one has really designed it.
金融界的付款很有趣,因为它不是什么人设计出来的。
You're given coupon payments every six months and then, when the bond matures,you get your money back.
每六个月你会收到一次利息,当债券到期,你可以赎回本金
There's at least some agreement that's going to be better for everybody than a strike, and yet, because they're conflicting interests there, basically in that case conflicting interest about health and pension payments, it could well be that you end failing to coordinate.
签订协议至少比,大家都去罢工要好一些吧,但话说回来,他们也的确存在利益冲突,笼统地讲是有关,健康问题和退休金的利益问题,这很容易会导致协调失败
They kept a copy of that and they filed it away, so the government had a complete record of your payments into the system.
邮局留下存根并且归档保存,这样政府就能完整的记录下,你的支付情况。
When you buy a house, you borrow the money and you pay it back in fixed-- it would usually be monthly, but let's say annual payments.
当你买了一座房子,你贷了些款,然后你在一定的时间内偿还一部分,一般来说都是按月来算的,但是假设我们是按年支付的
This is how they actually compute the payments because you can take, if you want--if someone is borrowing -let's bring it up to today- they're borrowing $200,000.
这就是计算贷款偿还额的方法,比如,如果某人要借款,我们用现实的例子,假设要借20万美元
There was an opening particularly in payments.
不用花多少钱就能雇到牛人。
So that means what is the stream of payments?
这引出下个问题,债券收益的现金流是怎样的
I want to talk about valuing streams of payments.
我想讲讲现金流量估值
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