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