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 From: Ryss Unger
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 Ryss Unger
 To: chris smith
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 Barbados
 chris smith
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Subject: RE: A payment() issue
Thread ID: 460 Message ID: 473 # Views: 4 # Ratings: 0
Version: Unknown Category: General VFP Topics
Date: Thursday, May 31, 2001 10:25:17 AM         
   


Hi,
I am not going to go into a longe explanation here. Have a chat to your accountant.

In brief you are forgetting that in month 1 $ 100 is repaid so interest in now calculated on prinicple amount less $100. or the capital is reducing over a period of time so less interest, in total for the period.

HTH

Regards
Ryss

ENTIRE THREAD

A payment() issue Posted by chris smith @ 5/30/2001 10:33:29 PM
RE: A payment() issue Posted by Ryss Unger @ 5/31/2001 10:25:17 AM