A few points in closing:
Of the five hypothetical examples, three from Turmel,
one from myself -
The right side up bowl, the upside down bowl and the
ball rolling along the plane, and the terminal
velocity example -
Arguably, not one of them demonstrates any type of
feedback properly defined.
The
errata:
If you are required to pay $120 annually in fees the APR is 12%... should have read:
If you are required to pay $120 annually in fees (on principal of $1000) the APR is
12%.
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