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Paul began his speech as follows:
They called Lou Gehrig the iron horse. This tireless worker played an astounding 2,130 consecutive baseball games even though he suffered 17 hand fractures during those years. This would be like one ous never missing a day oschool for over 13 years. Can you imagine completing kindergarten through your senior year with perfect attendance? Never taking a sick day, never a college visit day, or even senior skip day. And, to match Gehrig, you would also have to end your school career with an A average.
What method for gaining attention and interest did Paul use?
Loanable Funds
The money available for borrowing; the market wherein savers supply funds to borrowers, typically through financial intermediaries.
Interest Rates
The rate at which a borrower is charged interest for borrowing money from a lender.
Perpetuity
An annuity in which the periodic payments begin on a fixed date and continue indefinitely.
Long-Term Bonds
Debt securities with a maturity of more than 10 years, offering periodic interest payments.
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