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the following question is for maths modeling consider the value of savings account initially worth R2500...

the following question is for maths modeling

consider the value of savings account initially worth R2500 that accumulates interest paid each month at 1.5% per month compounded bimonthly (every 2 months). find the value of the account after 6 months. Build a mathematical description of the increase in the account value over n time steps. Compare your answer with the brute force calculation.

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