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If the present value of an account is $1000 and the interest rate is 5%, then after one year, the account will increase by $50 (5% of $1000). In the second year, the interest applies to all $1050, so the account will increase by $52.50 (5% of $1050). Getting future interest on past interest is called compound interest.
A general formula for future value is: Future Value = P*(1 + R/100)Y Where P is the present value, R is the interest rate and Y is the number of years. You need not write the algorithm to compute compound interest because a module for it is available online. It has three inputs - present value, interest rate and number of years - and one output: future value.
Using this module, write an algorithm to print the balance in a savings account at the end of every decade over a 100-year span. Your algorithm is given the initial balance and the interest rate. See the note below about how to draw a "black box" on your homework submission.
Describe a scenario in which a network sniffer is warranted
Choose any of the Perspective boxes in this chapter or the opening case. Then, identify and describe at least seven metrics that could be used to measure the success of the IT systems in your chosen example. For each metric, categorize it as eit..
Are robots remotely controlled by humans really robots?
Write down solution this question in cryptographic. Assume encryption function is defined compute probability distribution and conditional probability distribution.
Complete the following code skeleton to declare a class named Date. The class should contain variables and functions to store and retrieve a data in the form 4/2/2012.
What changing conditions do you think have the most significant influence on way the health information is managed today? Why?
In MS Access, how would you show an input mask for a serial number that had 5 letters followed by 7 numbers? No dashes or any other characters.
Create a view that lists the ISBN and title for each book in inventory along with the name and phone number of the person to contact if the book needs to be reordered. Name the view REORDERINFO
What is the slowest clock rate that could be used and not lose any data? Assume that the number of instructions to be processed for an interrupt is constant.
Examine and analyze the principles of inheritance. Use the Library to get started on finding resources.
Companies that currently use expert systems. Next, discuss the fundamental advantages and disadvantages of using expert systems instead of human expertise within the companies that you have selected. Provide a rationale to support your response..
It is essential for any entrepreneur to understand the concept of bootstrapping. Bootstrapping is doing anything and everything to conserve capital for only the things that generate revenue.
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