Problem 43967. Compound interest - number e

Created by Daniel Pereira

Solve Later

{"relationships":[{"relationshipType":"http://schemas.mathworks.com/matlab/code/2013/relationships/document","relationshipId":"rId1","target":"/matlab/document.xml"},{"relationshipType":"http://schemas.mathworks.com/matlab/code/2013/relationships/output","relationshipId":"rId2","target":"/matlab/output.xml"}],"parts":[{"partUri":"/matlab/document.xml","relationship":[],"contentType":"application/vnd.mathworks.matlab.code.document+xml","content":"<?xml version=\"1.0\" encoding=\"UTF-8\"?><w:document xmlns:w=\"http://schemas.openxmlformats.org/wordprocessingml/2006/main\"><w:body><w:p><w:pPr><w:pStyle w:val=\"text\"/></w:pPr><w:r><w:t>A moneylender wants to receive his annual interest of 12% more frequently.</w:t></w:r></w:p><w:p><w:pPr><w:pStyle w:val=\"text\"/><w:jc w:val=\"left\"/></w:pPr><w:r><w:t>If he receives his interest rate every six months, he will receive 6% each time (12%/2).</w:t></w:r></w:p><w:p><w:pPr><w:pStyle w:val=\"text\"/><w:jc w:val=\"left\"/></w:pPr><w:r><w:t>He wants to know how much will he win during a year if he received his interest every year (n=1), every six months (n=2), every month (n=12), every week (n=52), every day (n=365) and every second (n=31536000). These will be the test cases.</w:t></w:r></w:p></w:body></w:document>"},{"partUri":"/matlab/output.xml","contentType":"text/xml","content":"<?xml version=\"1.0\" encoding=\"UTF-8\" standalone=\"no\" ?><embeddedOutputs><metaData><evaluationState>manual</evaluationState><layoutState>code</layoutState><outputStatus>ready</outputStatus></metaData><outputArray type=\"array\"/><regionArray type=\"array\"/></embeddedOutputs>"}]}

Solve

Solution Stats

32 Solutions
28 Solvers

Last Solution submitted on Feb 23, 2021

Last 200 Solutions

Problem Comments

Problem Recent Solvers28

Problem Tags

e infinite interest limit number trascendental

Community Treasure Hunt

Find the treasures in MATLAB Central and discover how the community can help you!

Start Hunting!

Problem 43967. Compound interest - number e

Solution Stats

Last 200 Solutions

Problem Comments

Problem Recent Solvers28

Suggested Problems

More from this Author8

Problem Tags

Community Treasure Hunt

Problem 43967. Compound interest - number e

Solution Stats

Last 200 Solutions

Problem Comments

Problem Recent Solvers28

Suggested Problems

More from this Author8

Problem Tags

Community Treasure Hunt

Players