ELI5: Explain Like I'm 5

Andrew Kalotay

Andrew Kalotay is a really smart person who knows a lot about finance and math. He helps people who lend and borrow money figure out how much they should pay back and when they should pay it back.

Imagine you have a piggy bank and your friend wants to borrow some money from you. Your friend promises to pay you back in a few weeks, but you want to make sure you get all your money back plus a little extra for lending it out in the first place. Andrew Kalotay helps people figure out how much extra they should charge for lending their money.

He also helps people figure out when they should pay their loans back. Imagine you borrowed money from your parents to buy a toy. You promise to pay them back by doing chores around the house for a month. Andrew Kalotay helps people figure out the best way to pay back their loans so that everyone is happy and no one is unhappy.

Overall, Andrew Kalotay is a superhero of finance who helps people be smart with their money!