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
-
Remove any row in which a NaN appears
8784 Solvers
-
7500 Solvers
-
construct matrix with identical rows
209 Solvers
-
Find the Nth Root of a Given Number
369 Solvers
-
Solving Quadratic Equations (Version 1)
506 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!