So now let's change the story a little bit. Suppose again you borrow the money at 10% interest, but in this instance, let's suppose you are able to sell the land at a nice profit and that within six months the transaction is complete---the deal is closed. You then pay the bank back the original million dollars---plus the $50,000 accrued interest. How would you respond if one of the loan officers called six months later and demanded another $50,000 in interest? You would say since the principal and interest was paid in full, and the debt is canceled, nothing more is owed. When the Messiah actually came and died, he paid the penalty in full. He paid off the principal and the interest as it were.

> RELATED RESOURCES

> OPTIONS FLOWCHART

 

> PLAY AUDIO DIALOGUE (7:23)