Don,

My intent was not to make the essay a financial tutorial, but to highlight
the beauty and uniqueness of J code, so some of those details seem
inappropriate. I need another introductory sentence/statement or else I
need to change the example.

Thanks for you help,


On Fri, Feb 21, 2014 at 4:51 PM, Don Guinn <dongu...@gmail.com> wrote:

> I'm confused! I assume that the annual payment against the $10000 loan is
> $1000. Which means that the value of the loan must be more than $7000 as
> only $3000 has been paid against it. Yet the line which should be the value
> of the loan after three years shows $3711.05.
>
> I think the description of the problem needs to include the amount of
> payment and if the payments are annual or whatever. Also, it would help to
> reference the formula used, such as a link to a web page deriving that
> formula rather than seeing it in J without an explanation.
>
> And I couldn't view the video either.
>
>
>
-- 
(B=)
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