A moneylender wants to receive his annual interest of 12% more frequently.
If he receives his interest rate every six months, he will receive 6% each time (12%/2).
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.
Solution Stats
Problem Comments
Solution Comments
Show comments
Loading...
Problem Recent Solvers43
Suggested Problems
-
16263 Solvers
-
370 Solvers
-
Back to basics 12 - Input Arguments
626 Solvers
-
Generate N equally spaced intervals between -L and L
958 Solvers
-
Reverse the elements of an array
1146 Solvers
More from this Author9
Problem Tags
Community Treasure Hunt
Find the treasures in MATLAB Central and discover how the community can help you!
Start Hunting!