Re: Financial Maths Library for APL

"jk" <*axy*@[EMAIL PROTECTED]
 (remove the asterisks)> wrote in message 
news:47d3f845$0$25487$ba620dc5@[EMAIL PROTECTED]
>
> "jk" <*axy*@[EMAIL PROTECTED]
 (remove the asterisks)> wrote in message news:...
>> Yes, those are the "simple"  straightforward MA's.
>>
>> Now, suppose the following.
>> In a pension scheme they have a rule for increasing allowances of
retirees by
>> either the indices of prices on the one hand or the indices of wages on
the
>> other. It is further stipulated that the highest of either at any
moment (1st
>> of
>> January, or in practice every 1st October of each year in order to be
able to
>> have it effected in January) is applied, one an another in any
10-yearly
>> period
>> as from each individual retiree's maturity date in the scheme.
>> Here, it's really flourishing-time for APL, because of the geometric
MA's.
>>

and harvest-day at the same time.